$2.87B Bitcoin Options and $399M Ethereum Options Expire Tomorrow

Key Points

• Almost $3,27 billion in crypt options will expire tomorrow morning on Deribit.
• BTC trades above $83,000 and ETH is trading above $1,800.

Bitcoin and Ethereum options expiry data is released amidst a recovering crypto market that surged over 1% in the past 24 hours. Multiple catalysts maintain optimism in the markets amidst increasing adoption.

Bitcoin and Ethereum Options Expiry

In a post on X, Deribit revealed that around $3,27 billion in Bitcoin and Ethereum options will expire tomorrow at 08:00 (UTC).

$2,87 billion in Bitcoin options will expire with a Max Pain Point of $86,000, and a Put/Call Ratio of 0.74.

Also, $399 million in Ethereum options will expire tomorrow morning with a Max Pain Point of $2,150 and a Put/Call Ratio of 0.71.

The Max Pain prices are getting lower every week, but they are still higher compared to the digital assets’ prices. It remains to be seen whether tomorrow’ options expiration will bring more volatility to the market.

🚨 Options Expiry Alert! 🚨
At 08:00 UTC this Friday, ~$3.27B in crypto options are set to expire. $BTC : $2.87B notional | Max Pain: $86K | Put/Call Ratio: 0.74 $ETH : $399M notional | Max Pain: $2,150 | Put/Call Ratio: 0.71

Max pain has been ticking lower week after week. Do… pic.twitter.com/QvRoP0cTWq

— Deribit (@DeribitExchange) March 13, 2025

The crypto options expiry data was released in a recovering crypto market that maintains optimism despite recent volatility triggered by liquidations and fears about Trump’s policies in the US regarding tariffs.

Bitcoin Trades Above $83,000

At the moment of writing this article, BTC is trading above $83,000, up by 1% in the past 24 hours. The digital asset rebounded following an earlier drop to $80,000 levels.

On March 12, BTC price surged above $84,000 following an eased inflation report, but quickly recorded a drop around 1.5% before rebounding to current levels today.

Ethereum Trades Above $1,800

At the moment of writing this article, ETH is trading above $1,880 after dropping to $1,840 on March 12.

ETH also recorded a 2% price drop on March 12 following a surge above $1,920.

The Bitcoin and crypto markets maintain optimism amidst increasing adoption and clearer crypto regulations in the US and beyond. Also, it’s worth noting that Trump’s inner circle holds Bitcoin as the White House pushes pro crypto regulations.