Deribit Exchange Hosts $8.05B Bitcoin & Ethereum Options Expiry — Volatility Expected

The crypto market is preparing for potential turbulence as $8.05 billion worth of Bitcoin and Ethereum options expire today. Deribit, the leading derivatives exchange, is hosting this expiry event, which traders expect to trigger significant price movements.

Bitcoin dominates the expiry with 77,642 contracts valued at $7.24 billion. The put-to-call ratio of 0.73 indicates bullish sentiment among market participants. While such large-scale expiries typically cause short-term volatility, their long-term impact usually remains limited.

Institutional traders are closely monitoring these developments, particularly the maximum pain points that could influence near-term price action. The options market continues to mature, demonstrating increasing sophistication in crypto derivatives trading.