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

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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.

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