Significant BTC And ETH Options Set To Expire

According to PANews, a substantial volume of Bitcoin (BTC) and Ethereum (ETH) options is scheduled to expire tomorrow, with a combined nominal value of approximately $3.96 billion. The BTC options alone account for a nominal value of $3.39 billion. The put-call ratio for these BTC options stands at 0.83, with the maximum pain point identified at $79,000. Meanwhile, the ETH options set to expire have a nominal value of $572 million. The put-call ratio for these ETH options is 0.93, with the maximum pain point at $3,000. These figures highlight the significant financial stakes involved in the upcoming expiration of these cryptocurrency options, which could potentially influence market movements.