#BTC and #eth alert of expiring options...

Approximately $1.24 billion in Bitcoin options contracts and $984 million in Ethereum options contracts are due to expire. Depending on how traders react to the event, the expiration of these options contracts could trigger a new wave of sell-offs or buying pressure.

According to Deribit data, 17,609 Bitcoin contracts are set to expire, with a put-to-call ratio of 0.67. This ratio suggests a prevalence of purchase options (calls) over sales options (puts).