Deribit： $8 billion BTC and ETH options are about to expire, with BTC's biggest pain point at $85000

According to Lin Chen, the head of Deribit Asia Pacific, the delivery of Bitcoin (BTC) and Ethereum (ETH) April options will be held at 4 pm on Friday, April 25th. At that time, BTC will have a $7.2 billion open interest due, with a current put/call ratio of 0.73, the maximum pain point at $85000, and a current price of $92735, indicating a big win for call option buyers. At the same time, ETH will have a $800 million position expiring, with a current put/call ratio of 0.73 and a maximum pain point of $1900, while the current price is $1769, indicating a small win for ETH put option buyers.