Greeks.live: 31k BTC options and 135k ETH options are expiring, with a total notional value of $2.13 billion.

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Odaily Planet Daily News Greeks.live macro researcher Adam posted on X platform that the options delivery data on July 3 shows that 31k BTC options expired with a Put Call Ratio of 0.7, a maximum pain point of $61,000, and a notional value of $1.9 billion; 135k ETH options expired with a Put Call Ratio of 1.29, a maximum pain point of $1,650, and a notional value of $230 million.

Bitcoin has once again recovered the key integer level of $60,000 this week. In the long term, the downward trend has not yet ended. Strategy and ETF sell orders have changed market consensus, with the largest buyer turning into a seller. Major options data shows that more than 8% of options expire this week. BTC GEX is concentrated at $60,000, and ETH GEX is concentrated at $1,700. This week, ETH's Put Call Ratio reached 1.29, with a relatively high proportion of put options, indicating increased market demand for hedging. Recently, the hottest topics have been in US stocks, with the hot spot in the crypto market being the tokenization of US stocks. It will still take time for the hot topics of AI and semiconductors to transfer back to crypto.

BTC1.40%
ETH5.45%
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