[Over $5 Billion in Bitcoin and Ethereum Options on Deribit Platform Set to Expire Tomorrow]
Deribit announced that Bitcoin and Ethereum options with a total value exceeding $5 billion are set to expire tomorrow at 16:00 (UTC+8). Bitcoin options data shows that market sentiment has turned cautious after prices fell below $100,000, with the maximum pain price remaining near $108,000. The put/call ratio is approximately 0.83, and open interest is primarily concentrated in $100,000 put options and $120,000–$125,000 call options. While hedging activity is active, there are no signs of panic in the market.
Regarding Ethereum options, after recent price drops below $3,700, the market remains cautious but overall stable. The maximum pain price is near $3,800, with a put/call ratio of approximately 0.9. Open interest is concentrated in $3,500 put options and $4,200 call options, reflecting the current key battleground in the market.