Deribit Announces $2.5 Billion Crypto Options Expiration Event

On April 4th at 16:00 Beijing Time, Deribit will witness a significant crypto options expiry event with a staggering $2.5 billion in assets on the line. This event primarily involves Bitcoin options accounting for approximately $2.16 billion and Ethereum options totaling $371 million. Market experts anticipate this large-scale expiration to significantly impact both Bitcoin and Ethereum prices, especially as traders are focusing on mitigating potential losses near their respective maximum pain points of $85,000 for Bitcoin and $1,850 for Ethereum.