Usually, options are used by the same funds to hedge the risk of an asset collapse, in our case, it is Bitcoin and Ethereum, there may be some volatility

At 11am Moscow time, options expire
149,667 #BTC options expire with a put-call ratio of 0.89, a maximum pain point of $85,000, and a notional value of $14.318 billion.
1,123,115 ETH options expire with a put-call ratio of 0.41, a maximum pain point of $3,000, and a notional value of $3.755 billion