[Deribit: Approximately $2.51 Billion in Bitcoin and Ethereum Options Expire Today] According to Deribit data, approximately $2.51 billion in cryptocurrency options will expire this Friday. Among them, Bitcoin options have a notional value of $2.23 billion, with a put/call ratio of 0.68 and a max pain point of $66,000; Ethereum options have a notional value of $291 million, with a put/call ratio of 0.62 and a max pain point of $1,750. Despite recent market volatility, positions in both assets remain skewed toward call options. Both Bitcoin and Ethereum are trading above their respective max pain points ahead of expiration, with put/call ratios below 1.0, indicating that the market still leans toward call options.