Massive Bitcoin and Ethereum Options Expire Amid Expected Market Volatility

By: Eva Baxter

Anticipating Crypto Market Volatility

It has been notified that a colossal $5.82 billion worth of Bitcoin and Ethereum options is due to expire on January 26. Due to this immense volume, substantial market volatility is anticipated. The aforementioned options are split into $3.75 billion for BTC and $2.08 billion for ETH, reflecting a captivating dynamic for both leading digital assets.

For BTC, a significant open interest of over $360 million exists at a strike price of $50,000, considering a put/call ratio of 0.52 and a marked 'max pain point' fitting at $41,000.

The conditions for ETH options appear somewhat different, as they exhibit a lower put/call ratio of 0.31 and a 'max pain point' of $2,300. In addition, there is significant open interest of close to $200 million at the price of $2400.

These numbers anticipate potential shifts in the digital asset market following the options expiration at 8:00 AM UTC, Jan. 26.