According to Wu’s report, Wu learned that 19,000 BTC options expired, with a Put Call Ratio of 0.65, a maximum pain point of $97,000, and a nominal value of $1.81 billion.
141,000 ETH options expired, with a Put-Call Ratio of 0.48, a maximum pain point of $3,450, and a notional value of $460 million.
Affected by the weakness of the U.S. stock market and unfavorable macro factors, the market fell sharply this week. Bitcoin fell below $91,000 at one point, hitting a new low in nearly a month, and altcoins fell even more sharply.
Short-term option IV has increased, and market panic has clearly increased.
