Today, October 24, more than $6 billion in crypto options are set to expire on Deribit. The options’ expiry will take place in an overall bullish market.
Today, the general crypto market is up by more than 1.5%, having a total market cap of over $3.76 trillion.
Deribit’s Crypto Options Expiry Data
Over $6 billion in Bitcoin and Ethereum options will expire today at 8:00 (UTC) on Deribit.
BTC options will expire with a Put/Call ratio of 1.03 and a Max Pain Point of $114,000, higher than BTC’s current price. ETH options will expire with a Put/Call Ratio of 0.79 and a Max Pain Point of $3,950, lower than ETH’s current price.
🚨 Options Expiry Alert 🚨
Over $6B in BTC and ETH options expire tomorrow at 8:00 UTC on Deribit.$BTC: Put/Call: 1.03 | Max Pain: $114K
Positioning is balanced, with puts outweighing calls a bit. Traders are hedging downside but not positioning for a major selloff.$ETH:… pic.twitter.com/qX7eVSQfgK— Deribit (@DeribitOfficial) October 23, 2025
The crypto market is bullish at the moment, and we’ll see how it reacts following the options expiry later.
Bitcoin and Ethereum Price Actions on October 24
At the moment of writing this article, BTC is trading above $111,000, up by more than 1.5% in the last 24 hours.
It’s also worth noting that institutional interest in BTC continues, and the BTC ETFs in the US recorded another day of inflows on October 23 above $20 million, according to data from SoSoValue.
Ethereum is trading above $1,970, and it’s a better performer compared to Bitcoin today, being up by 2.5% in the past 24 hours.
Unlike BTC ETFs, ETH ETFs recorded a day of outflows on October 23 of over $127,5 million.
Crypto Market Maintains Optimism
The crypto market looks optimistic on October 24, ahead of the crypto options expiry and the CPI data set to be released later. The economic data will be released later today, despite the partial shutdown of the US government that began on October 1st.
The September CPI data could affect the upcoming Bitcoin price trajectory.
On the other hand, there are multiple optimistic factors that support the market, including the latest news from the US, revealing that Trump pardoned CZ, multiple crypto ETFs expecting approval from the US SEC, and upcoming rate cuts by the US Fed.
The next FOMC meeting is scheduled to take place on October 29, and chances for a new rate cut are currently close to 99%.
Also, the US Fed is expected to announce the end of QT next week.
