Deribit: $8 billion of BTC and ETH options are about to expire, and BTC’s biggest pain point is $85,000

PANews reported on April 24 that LinChen , head of Deribit Asia Pacific, said that the April options of Bitcoin (BTC) and Ethereum (ETH) will be delivered at 4 pm this Friday (April 25). By then, BTC will have $7.2 billion in positions expired, the current put/call ratio is 0.73, the biggest pain point is $85,000, and the current price is $92,735, indicating that the buyer of the call option has won a big victory.

At the same time, ETH will have $800 million in positions expiring, and the current put/call ratio is also 0.73. The maximum pain point is $1,900, while the current price is $1,769, indicating that ETH put option buyers have a small victory.