32,000 BTC options and 206,000 ETH options are about to expire, with a total nominal value of 2.46 billion US dollars

News on August 9, according to the options delivery data released by Adam@Greeks.live, 32,000 BTC options are about to expire with a Put Call Ratio of 0.71 and the biggest pain point at $60,000 USD, having a nominal value of $1.9 billion USD. Also, 206 thousand ETH options are about to expire with a Put Call Ratio of 0.96 and the biggest pain point at $2,950 USD; their nominal value is $560 million USD. According to Adam's analysis due to the impact of Yen interest rate hikes on the crypto market this week has seen some warming up in market sentiment with BTC and Sol leading but ETH underperformed after its ETF listing. The main term IV has fallen but still remains higher than before the crash.