BTC options worth $4.11B to expire on August 8

Nearly $4.11 billion worth of Bitcoin (BTC) options are set to expire at 08:00 UTC on Aug. 8, according to data from crypto options exchange Deribit. The put/call ratio stands at 1.45, and the max pain price is $116,000. At the same time on the same day, around $864.16 billion in Ethereum (ETH) options will mature. The put/call ratio is 1.14, and the max pain price is $3,650.