59,000 BTC and 529,000 ETH options will expire today, with a total notional value of 5.78 billion US dollars

PANews reported on February 28th that according to data from Greeks.live, there will be 59,000 BTC and 529,000 ETH options expiring today, with a total notional value of 57.8 billion US dollars. • BTC options: Put Call Ratio of 0.7, maximum pain point of $96,000, total notional value of $4.66 billion. • ETH options: Put Call Ratio is 0.52, with a maximum pain point of $3,000, and a total notional value of $1.12 billion. The market is heavily impacted by the sharp drop in US stocks and multiple security incidents, causing major mainstream coins to plummet. The short-term implied volatility (IV) of BTC has soared to 90%, with ETH even breaking through 100%. Institutions previously predicted a lack of funds and hotspots in the February market. Large option holders continue to sell short-term call options, and the current market panic sentiment continues to spread.