🚨Deribit reports that 93,000$BTC and 624,000$ETH #options worth $9.79B and $1.62B respectively, are expiring.
🔹Bitcoin’s put-call ratio is 0.89 with a $100,000 max pain point; Ethereum’s is 0.81 with a $2,300 max pain point. These levels indicate where most losses occur for option holders if prices settle there.