Deribit Exchange Reports $11B BTC & ETH Options Expiry as Bullish Sentiment Prevails

Today marks the expiry of over $11 billion in Bitcoin and ethereum options contracts, signaling heightened market activity. Bitcoin options account for $9.79 billion, while Ethereum contracts total $1.63 billion. Traders are preparing for potential volatility as these monthly expirations significantly exceed last week’s figures.

Deribit data shows 92,459 Bitcoin options contracts expiring, with a maximum pain price of $100,000 and a put-to-call ratio of 0.89. Ethereum has 623,949 contracts expiring, with a $2,300 maximum pain price and a 0.81 put-to-call ratio. Both metrics indicate sustained bullish sentiment despite recent price corrections.

Calls dominate open interest for both assets, highlighting trader optimism. The market appears primed for movement, with institutional players likely influencing price action as these substantial positions unwind.