Woofun AI data shows that approximately $1.45 billion in Bitcoin and Ethereum options contracts are set to expire on Deribit today at 16:00. The notional value for BTC options stands at roughly $1.23 billion, featuring a put/call ratio of 0.86 and a maximum pain point of $62,500.

Meanwhile, ETH options account for about $218 million, with a put/call ratio of 1.54 and a maximum pain point of $1,750.

Deribit indicated that this expiration event may introduce liquidity and volatility into the market, potentially establishing favorable conditions for short-term options trading strategies.