Bitcoin and Ethereum options totaling $10.57 billion in notional value expired, signaling market risk aversion amid selling pressure.
A total of 150,000 BTC options expired with a put-call ratio of 0.63 and a maxpain point of $70,000, representing a $9 billion notional value. Additionally, 1 million ETH options expired, carrying a put-call ratio of 0.5 and a maxpain point of $2,000, worth $1.57 billion.
The expiry reflects weak quarterly options activity and sustained selling pressure from spot Bitcoin ETFs and trading strategies. Market sentiment remains cautious as participants navigate ongoing risk aversion.
The combined notional value of $10.57 billion underscores the scale of the expiry, though no immediate price volatility was reported post-settlement.