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Deribit Data Shows $16.38 Billion in Bitcoin and Ethereum Options Expire Friday

Deribit Data Shows $16.38 Billion in Bitcoin and Ethereum Options Expire Friday

The quarterly expiry involves about $14.16 billion in Bitcoin options and about $2.2 billion in Ethereum options, with max pain levels at $75,000 for Bitcoin and $2,350 for Ethereum.

BTC
ETH

Fact Check
The claim is accurately reflected in multiple independent reports. The total value of $16.38 billion and the specific breakdown for BTC ($14.16B) and ETH (~$2.2B) are confirmed by PANews and RootData. The max pain levels mentioned ($75,000 for BTC and $2,350 for ETH) align with data reported by KuCoin/BlockBeats, although some later reports adjusted the ETH max pain to $2,300 as the expiry approached.
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Summary

A quarterly Bitcoin and Ethereum options expiry scheduled for Friday is valued at about $16.36 billion, according to the new update. Bitcoin options account for about $14.16 billion of the total and retain a max pain level of $75,000. Ethereum options account for about $2.2 billion, and the new content places ETH max pain at $2,350, differing from the previously cited $2,300 level.

Terms & Concepts
  • Options expiry: The scheduled date when options contracts end and are either exercised, settled, or allowed to lapse.
  • Max pain price: A market theory referring to the price level where the largest number of options holders would face losses at expiry.