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Bitcoin and Ethereum options expire today, with a total value of approximately $14.6 billion.
According to Deribit data, Bitcoin and Ethereum options worth approximately $14.6 billion will expire today. Among them, the nominal value of Bitcoin options is $11.7 billion, with a put/call ratio of 0.79 and a maximum pain point at $116,000; the nominal value of Ethereum options is $3.2 billion, with a put/call ratio of 0.76 and a maximum pain point at $3,800. Bitcoin's open interest is concentrated in the range of $110,000 to $115,000, while Ethereum's capital flow is relatively balanced, with upward targets of $3,800 and $5,000.