2026-01-06 20:38:08

Derivatives markets remain subdued lately. Futures positioning ticked up modestly, with open interest hovering around $50B across the major platforms, but nothing dramatic. The options side saw interest drop off following that large expiration on December 26th. Interesting thing—there's no real evidence that continued unwinding from the October deleveraging cycle is putting downward pressure on prices right now. The data suggests traders are in a holding pattern rather than aggressively reducing exposure.

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Deconstructionist

· 01-09 20:35

Wait a minute, the derivatives market is so calm, it feels like the calm before the storm.

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just_vibin_onchain

· 01-08 05:52

The market is so calm, who is still trading?

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ClassicDumpster

· 01-07 12:32

Even 50B dares not move; this move is indeed a bit timid.

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GateUser-26d7f434

· 01-06 21:08

Just waiting and watching, everyone is waiting for the wind to come. A 50B position size, it's not a lot to say it's a little, but not a lot either. This is what we look like right now.

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fomo_fighter

· 01-06 21:08

My goodness, is this a 50B position? Feels like the whole market is dozing off. --- Nothing new, everyone is waiting for the right moment, no one dares to act. --- What about the aftereffects of the deleveraging wave in October? I find it hard to believe that there's no pressure based on the data. --- The options market is completely cold, that's true lack of enthusiasm. --- Positions have slightly increased but there's no real drama... a typical wait-and-see period, everyone is hiding their money. --- Wait, is there really no risk of liquidation? These data seem too optimistic. --- Everyone is waiting for a big move, this market is so boring.

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ShitcoinConnoisseur

· 01-06 21:07

Wait, is 50B in OI considered calm? I feel like this is just gathering strength.

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GateUser-ccc36bc5

· 01-06 21:05

Just waiting, no one has the confidence to move.

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GasFeeCrier

· 01-06 21:03

Huh, 5 billion in open positions and that's it? I thought it was going to explode.

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ImpermanentPhilosopher

· 01-06 20:44

Oh no, a 50B position size is all? Feels like the market is still in a daze --- That big expiration on December 26th, no wonder the options have been silent --- Wait, is the deleveraging in October still pumping liquidity? That's interesting --- The market is so dull, are you really waiting for an opportunity or just holding back? --- Is that all? I thought there would be some big drama, but everyone is just watching --- It seems no one wants to take the initiative, everyone is betting on the other side to move first --- Stop talking, this is a typical deadlock, boring --- 500 billion in holdings maintaining the status quo, feels a bit like the calm before the storm

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SybilAttackVictim