25000 BTC options and 202000 ETH options are about to expire, with a total nominal value of $3.38 billion

According to Greeks.live data, there will be 25000 BTC options and 202000 ETH options expiring on May 23rd, with maximum pain point prices of $104000 and $2450 respectively, and a total nominal value of $2.81 billion and $570 million. The Put Call Ratios are 1.22 and 1.26, respectively. Despite Bitcoin hitting a historic high this week, the options market response remains relatively flat, with delivery volumes below 8% of total holdings, indicating that cryptocurrency institutions have moderate expectations for the future.