21,000 BTC options expired with a Put Call Ratio of 1.2, a Maxpain point of $62,000 and a notional value of $1.3 billion.
140,000 ETH options expired with Put Call Ratio of 0.39, Maxpain point of $3,150 and notional value of $480 million.
The crypto market has rallied sharply this week, fueled by multiple positive news, with all major term IVs showing significant rallies, generally 5% or more compared to a week ago.
The market vibe is much more optimistic, and while news of the ETH ETF is still being delayed, the ETF listing and the growth of the crypto market as a whole is unstoppable, and the eventual inflow of funds will drive crypto.
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