Bitcoin and Ethereum Options Worth $2.7 Billion Set to Expire

BTC

$67,169.24

-3.40%

ETH

$3,685.66

-2.53%

According to Foresight News, Adam, a macro analyst at Greeks.live, has announced that 21,000 Bitcoin options and 350,000 Ethereum options are due to expire soon. The nominal values involved reach $1.4 billion and $1.3 billion respectively. The Put Call Ratio for Bitcoin options stands at 0.88, with the maximum pain point being $67,000. For Ethereum options, the Put Call Ratio is 0.58, with the maximum pain point at $3,200. The expiration of these options could potentially impact the cryptocurrency market, depending on the decisions made by the holders of these options.

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