On May 16, over $3.1 billion in Bitcoin and Ethereum options are set to expire on Deribit. Currently, BTC and ETH show volatile price movements.
Options Expiry Data on Deribit
According to reports, on May 16, more than $3.1 billion in Bitcoin and Ethereum options will expire on Deribit. Of this amount, $2.66 billion relates to Bitcoin options with a Put/Call ratio of 0.99 and a Max Pain Point of $100,000, which is lower than the current BTC price. Additionally, $525 million in Ethereum options will expire, with a Put/Call ratio of 1.24 and a Max Pain Point of $2,200, also below ETH's current price.
Recent Bitcoin Price Trends
At the time of writing, Bitcoin is trading above $102,000, having dropped over 1% in the past 24 hours. However, BTC reached above $105,000 during one of its bullish periods over the past week. Institutional interest in BTC has also increased, with inflows nearing $320 million into BTC ETFs in the US on May 14.
Recent Ethereum Price Trends
Ethereum is also performing well, currently trading above $2,540 following a significant rebound. Over the past week, ETH surged more than 30%, driven by protocol updates from Pectra that improved staking and scalability. Inflows into ETH ETFs totaled over $63 million on May 14.
The expiry of Bitcoin and Ethereum options on Deribit is a significant market event. Given the current price actions of BTC and ETH, there is increasing institutional interest in both assets.
