On Friday, December 27, the Deribit platform will see the expiration of bitcoin options with a notional volume of $14.5 billion at 4:00 (Kyiv)/5:00 (MSK).
Tomorrow 8 AM UTC, 149K $BTC are set to expire on Deribit with a notional value of $14.5 billion.
Max pain price $85,000, put/call ratio: 0.69 pic.twitter.com/46zeI02Fj2
— unfolded. (@cryptounfolded) December 26, 2024
The put/call ratio stands at 0.69.
The level of maximum losses for contract buyers is set at $85,000.
In Ethereum options, these metrics are $3.85 billion and $3000, respectively.
Ethereum max pain price $3,000, $3.85 billion notional value, put/call ratio 0.41 pic.twitter.com/jqJutIwxDX
— unfolded. (@cryptounfolded) December 26, 2024
On December 27, contracts with a notional volume of $3.85 billion will expire.
Previously, CryptoQuant noted speculators’ demand amid the decline in bitcoin.
QCP Capital had earlier described the Christmas rally of the leading cryptocurrency as a non-event.
K33 Research pointed to a high probability of a bull run peak forming on January 17.