2025-11-06 19:54:26

#AIA Deribit: Bitcoin and Ethereum options worth over $5 billion are set to expire tomorrow. PANews, November 6 — Deribit announced on X that Bitcoin and Ethereum options totaling over $5 billion will expire at 4:00 PM (UTC+8) tomorrow.

The Bitcoin options open interest shows that, following last week’s drop below $100,000, market sentiment remains cautious. The maximum pain point remains around $108,000, with a put/call options ratio of approximately 0.83. Hedging activity is active, but there are no signs of panic. Open interest is mainly concentrated in $100,000 put options and $120,000 to $125,000 call options, reflecting the current market stance on Bitcoin.

For Ethereum, after recent prices fell below $3,700, the market remains cautious but orderly. The maximum pain point is near $3,800, with a put/call options ratio of about 0.9, indicating balanced and slightly defensive positioning. Open interest is concentrated in $3,500 put options and $4,200 call options, outlining Ethereum’s key trading range.

A sharp drop is undoubtedly on the horizon.

BTC1.24%

ETH-0.91%

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