Warning: Bitcoin and Ethereum Will Experience Another $6 Billion Earthquake Following Yesterday's PPI! What Does This Mean for $BTC and $ETH Prices? Here's What You Need to Know.

On August 15, $4.7 billion worth of Bitcoin and $1.3 billion worth of Ethereum options will expire on the Deribit derivatives exchange.

While Bitcoin (BTC) broke a new record and Ethereum (ETH) was very close to breaking its 2021 ATH, there was a significant pullback after the US PPI data that exceeded expectations.

While it remains uncertain which direction the market will move, the expiration date for option contracts in the crypto market has arrived today, as it does every Friday.

According to data for the third week of August, $4.7 billion worth of Bitcoin and $1.3 billion worth of Ethereum options will expire on August 15 on the Deribit derivatives exchange.

Accordingly, the Put/Call Ratio of BTC options is 0.90, the maximum loss point is $117,000 and the notional value is $4.7 billion.

When we look at Ethereum, ETH options have a Put/Call Ratio of 1.02, a maximum loss point of $4,000, and a notional value of $1.3 billion.

The maximum pain point is the level at which the cryptocurrency price settles at a certain value as an option approaches its expiration date, resulting in significant losses for the largest number of option traders.

At this point, significant volatility could be seen in Bitcoin's price following the $4.7 billion options expiration on August 15th. While the maximum pain point is at $117,000 for BTC and $4,000 for Ethereum, investors could push prices to this level through market manipulation, as market prices are above the maximum pain point.