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Bitcoin, Ethereum Face $9.87B Deribit Options Expiry as Prices Stay Above Max Pain
Bitcoin and Ethereum faced $9.87 billion in options expiry on Deribit at 08:00 UTC, marking April’s largest monthly settlement. Both assets traded above max pain into settlement, while put-to-call ratios of 0.93 for BTC and 0.72 for ETH pointed to a stronger call bias in Ethereum.