Record $23.3B in BTC options to expire today

A record $23.347 billion in Bitcoin options are set to expire at 8:00 a.m. UTC on Dec. 26, according to data from the crypto options exchange Deribit. This amount surpasses the previous high of $14.3 billion recorded on Dec. 27 of last year. The current put/call ratio stands at 0.35, with a max pain price of $95,000. Concurrently, $3.7 billion worth of Ethereum options will also expire, with a put/call ratio of 0.44 and a max pain price of $3,000.