The post Crypto Faces Record $28B Options Expiry Today appeared first on Coinpedia Fintech News
Today marks the largest crypto options expiry in history, with nearly $28 billion worth of BTC and ETH contracts settling on Deribit. Roughly 267,000 Bitcoin options expire with a put/call ratio of 0.35 and a max pain level near $95,000, while 1.28 million Ethereum options expire with a put/call ratio of 0.45 and max pain around $3,100. Traders have been repositioning ahead of settlement, and quarterly contracts now dominate open interest, highlighting increased derivative influence on price action.