A major expiration event looms in the derivatives market as 2.22 billion dollars worth of Bitcoin and Ethereum options are set to expire tomorrow. This substantial volume could trigger significant price movements and volatility across both assets. Traders are closely monitoring the situation as such large-scale option expirations often create pivotal moments in the market, potentially impacting sentiment and positioning across major exchanges.

The Ethereum staking landscape is shifting notably as major institutions make their way back into the ecosystem. A significant development is now playing out: the validator exit queue has collapsed dramatically, signaling renewed confidence in staking returns. This pattern typically indicates that fewer participants are rushing to exit their positions, suggesting that institutional players are reassessing the risk-reward dynamics of ETH staking. The convergence of increased institutional inflows and reduced validator exits points to a potential turning point in how the market values Ethereum's proof-of-stake infrastructure. Such movements often precede broader market sentiment shifts around liquid staking protocols and validator economics.

THIS GUY IS UP OVER $200M ON $ETH The trader who lost $3.5M on Hyperliquid in a few hours - is actually UP $208M all time, after only trading ETH for the past 2 years. This whale has been swing trading ETH since the end of 2023, mainly using OTC. He currently holds $125M of STETH and $350.5M of USDC.