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

According to BlockBeats, on April 24, more than $6.3 billion worth of Bitcoin options and more than $3 billion worth of Ethereum options on Deribit will expire this Friday. However, the situation of Ethereum options shows that the number of put options and call options is significantly lower than the ratio of Bitcoin. For Ethereum contracts, the put-call ratio is low at 0.49 before Friday's expiration. A put-call ratio of less than 1 indicates that call option trading volume exceeds put option trading volume, which also indicates the bullish sentiment of the market.