BlockBeats News, February 6 — Greeks.live posted on social media that "On February 6, the options expiration data shows: 33,000 BTC options are expiring, with a Put Call Ratio of 0.54, a maximum pain point at $80,000, and a notional value of $2.1 billion. Additionally, 219,000 ETH options are expiring, with a Put Call Ratio of 0.91, a maximum pain point at $2,400, and a notional value of $420 million.
The crypto market has experienced a bloodbath, with BTC briefly dropping below $60,000 and ETH briefly falling below $1,750 today. Today, options representing 10% of total holdings are expiring, totaling nearly $2.6 billion. The sharp decline in Bitcoin and Ethereum prices continues, with put options dominating the market. The fear index once dropped to 5%, and panic has once again engulfed the crypto market.
Looking at the main options data, the implied volatility (IV) for BTC and ETH has risen significantly. The main-term IV for BTC exceeds 60%, with several short-term at-the-money IV over 110%. ETH’s main-term IV is at 80%, with multiple short-term at-the-money IV over 120%, all reaching the highest levels in over a year. This week, the volume and proportion of large block trades in put options remain high. Market makers are actively taking on put demand, showing strong willingness to trade. The brief bottom-fishing attempts are overwhelmed by the downward wave."
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Coinbase Stock Surges 18% and Strategy Jumps 10% as Bitcoin Rebound Ignites Crypto Rally
Crypto-linked stocks led the market on Friday as Coinbase (COIN) surged 18% and Strategy (MSTR) jumped 10%, fueled by a sharp rebound in Bitcoin and renewed investor appetite for digital asset exposure.
The rally came despite Coinbase reporting a \$666.7 million Q4 loss and multiple Wall Street firms cutting price targets, suggesting traders are looking past near-term earnings weakness toward long-term growth in subscription revenue, stablecoin income, and the potential for regulatory cl
CryptopulseElite2m ago
Bitcoin ETF funding approval only $15.2 million, institutions remain cautious, market confidence awaiting restoration
February 14 News, Bitcoin spot ETF finally turned positive briefly after several days of net outflows. According to data disclosed by Coin Bureau, the ETF saw a total net inflow of approximately $15.2 million on that day, ending the previous selling cycle. However, compared to the recent sustained outflows, this figure remains limited, and market sentiment has only experienced a slight recovery.
From a mid-term perspective, the capital side still remains in a weak zone. Over the past week, Bitcoin ETF net outflows totaled nearly $360 million, marking the fourth consecutive week of negative flows. Such persistent outflows are uncommon in the past year. Institutional investors clearly remain cautious, mostly observing rather than actively increasing their positions.
GateNewsBot24m ago
‘Trillions Are Waiting’: White House Says Bitcoin and Crypto Inflows Imminent as CLARITY Act Nears Final Vote
The White House's top digital asset advisor, Patrick Witt, declared that "trillions of dollars in institutional capital" are poised to enter Bitcoin and cryptocurrency markets once the CLARITY Act passes, providing the regulatory clarity institutional investors demand.
With the House having passed its version last year and the Senate finalizing amendments, the market structure bill faces two critical hurdles: resolving the stablecoin yield standoff between banks and crypto firms, and add
CryptopulseElite28m ago
Capital Rotation Alert: Bitcoin and Ethereum ETFs See Sustained Outflows as Investors Flock to International Markets
US spot Bitcoin and Ethereum ETFs are experiencing sustained capital outflows, with total assets plunging from recent highs near \$115 billion to approximately \$83 billion for Bitcoin funds, while Ethereum ETFs have contracted from \$18 billion to \$11 billion.
This significant capital rotation comes as investors increasingly allocate to international equity ETFs, which recorded their strongest inflows in years—absorbing roughly one-third of total ETF inflows in January despite represen
CryptopulseElite42m ago
SWC CEO Andrew Webley Reports Bitcoin Buy and £542K Raise
The Smarter Web Company added more Bitcoin to its balance sheet this week. CEO Andrew Webley shared the update in a public post on February 14. He confirmed the firm bought 15 BTC. This marks its second purchase of the year. This brings the company’s total Bitcoin acquired in 2026 to 25 BTC
At the
Coinfomania44m ago
