On January 9, $1.9 billion worth of Bitcoin options expired involving 21,000 contracts with a put-call ratio of 1.07 and a maximum pain point of $90,000. Ethereum options saw 126,000 contracts expire valued at $390 million, reflecting a put-call ratio of 0.88 and a maximum pain point at $3,100. These expiries mark significant derivatives activity, potentially influencing short-term price movements around these key levels.

#BTC #ETH