Deribit亚太商务负责人LinChen发文称，下周五（28日）下午4点是本季度的期权交割日，比特币期权共计66.5亿美元持仓到期，看跌/看涨比为0.51；最大痛点为56000美元。此外，下周五（28日）ETH的季度期权交割，名义价值约35.6亿美元， 看跌/看涨比为0.62，最大痛点为3100美元。

<p>Deribit亚太商务负责人LinChen发文称，下周五（28日）下午4点是本季度的期权交割日，比特币期权共计66.5亿美元持仓到期，看跌/看涨比为0.51；最大痛点为56000美元。此外，下周五（28日）ETH的季度期权交割，名义价值约35.6亿美元， 看跌/看涨比为0.62，最大痛点为3100美元。</p>

下周五本季度期权交割，共计102.1亿美元持仓到期

Lin Chen, head of Asia Pacific business at Deribit, said in a post that next Friday (28th) at 4pm is the option delivery date for this quarter, and a total of $6.65 billion in Bitcoin options will expire, with a put/call ratio of 0.51 and a maximum pain point of $56,000. In addition, next Friday (28th) ETH's quarterly option delivery will have a nominal value of approximately $3.56 billion, a put/call ratio of 0.62, and a maximum pain point of $3,100.

<p>Lin Chen, head of Asia Pacific business at Deribit, said in a post that next Friday (28th) at 4pm is the option delivery date for this quarter, and a total of $6.65 billion in Bitcoin options will expire, with a put/call ratio of 0.51 and a maximum pain point of $56,000. In addition, next Friday (28th) ETH&#39;s quarterly option delivery will have a nominal value of approximately $3.56 billion, a put/call ratio of 0.62, and a maximum pain point of $3,100.</p>

Next Friday, options for this quarter will be delivered, with a total of $10.21 billion in positions expiring

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another crash, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Bitwise CIO Jeff Park offers a new analytical framework from the perspective of options and hedging mechanisms.
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The article, "Yi Lihua Completely Sells Off ETH! Trend Research Sells 650,000 Ethereum in a Week, Losing $730 Million," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Yi Lihua completely liquidated his ETH holdings! Trend Research reportedly sold 650,000 Ethereum in a week, incurring a loss of $730 million before exiting the market.

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another sharp drop, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Jeff Park, CIO of Bitwise, offers a new analytical framework from the perspective of options and hedging mechanisms. [...]