According to PANews, Lin Chen, head of Deribit for stock trading in the Asia-Pacific region, announced that the Bitcoin (BTC) and Ethereum (ETH) options for April are set to expire on Friday, April 25, at 4 PM (UTC+8). At the time of expiration, BTC will see $7.2 billion in open interest expire, with the current call-to-put ratio at 0.73. The maximum pain point is at $85,000, while the current price stands at $92,735, indicating a significant victory for call option buyers.
In parallel, ETH will have $800 million in open interest expiring, also with a call-to-put ratio of 0.73. The maximum pain point for ETH is $1,900, with the current price at $1,769, indicating a slight advantage for put option buyers.
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