Data: Over $6.3 billion worth of Bitcoin options on Deribit will expire this Friday

ChainCatcher news, according to The Block, over $6.3 billion worth of Bitcoin options and over $3 billion worth of Ethereum options on Deribit will expire this Friday.

However, the situation with Ethereum options shows that the ratio of put options to call options is significantly lower than that of Bitcoin. For Ethereum contracts, the ratio of put options to call options before expiration on Friday is 0.49.

It is reported that a put-to-call ratio below 1 indicates that the trading volume of call options exceeds that of put options, which also reflects a bullish sentiment in the market.