PANews February 13 News, according to Greeks.live analysis, a total of 38,000 BTC options and 215,000 ETH options are expiring on February 13. The BTC options Put-Call Ratio is 0.71, with a maximum pain point of $74,000 and a notional value of $2.5 billion; ETH options Put-Call Ratio is 0.82, with a maximum pain point of $2,100 and a notional value of $410 million.
The crypto market continues to bleed and decline, with the fastest drop at the maximum pain point. Today, options accounting for 9% of total open interest are expiring, totaling nearly $2.9 billion. This week, implied volatility for Bitcoin and Ethereum has decreased, with BTC’s main-term IV around 50% and ETH’s main-term IV around 70%. The downward price trend has eased somewhat, but market confidence remains insufficient.
In terms of trading volume, put options dominate, but after the recent decline yesterday, some bottom-fishing activity has begun to appear. From the main options data, skew has rebounded, and there is an increase in bullish options. The market is still in a bear phase, but this most intense decline has come to an end. Currently, the crypto market lacks inflow of new capital, and it is premature to talk about a bull market or a major rebound.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Trader 'pension-usdt.eth' Faces $18M in Unrealized Losses on BTC Shorts as Hyperliquid's Largest Loss Address
According to BlockBeats citing Hyperinsight, on May 6, trader 'pension-usdt.eth' accumulated $18 million in unrealized losses on Hyperliquid after holding BTC short positions for over 35 days amid Bitcoin's rally above $81,000. The address is now the platform's largest loss maker in the past 7
GateNews1m ago
Trader Deposits 499,900 USDC to HyperLiquid, Opens 250-BTC Short with 40x Leverage Today
According to Lookonchain, trader 0x128e deposited 499,900 USDC to HyperLiquid and opened a 250-BTC short position with 40x leverage today (May 6). The position, valued at approximately $20.32 million, carries a liquidation price
GateNews13m ago
Bitcoin Core Vulnerability CVE-2024-52911 Allows Remote Code Execution; 43% of Nodes Still Unpatched
According to Protos, Bitcoin Core developers recently disclosed a critical vulnerability (CVE-2024-52911) that affects versions 0.14.1 through 28.4, allowing miners to remotely crash nodes and execute arbitrary code by mining specially crafted blocks. Discovered in November 2024 by developer Cory
GateNews19m ago
Polymarket: MicroStrategy Bitcoin Sale Odds Surge to 40%, Up 29% in 24 Hours
According to Odaily Seer, Polymarket's odds for MicroStrategy selling Bitcoin by end-2026 surged to 40%, up 29% in 24 hours. The market movement follows MicroStrategy CEO Michael Saylor's recent statements suggesting the company may sell some Bitcoin holdings to fund dividend
GateNews30m ago
Sequans Sells 1,025 Bitcoin in Q1 2026, Holdings Cut Nearly in Half
According to BlockBeats, French chipmaker Sequans Communications sold 1,025 Bitcoin during the first quarter of 2026, reducing its holdings from 2,139 BTC at the end of 2025 to 1,114 BTC by April. The company reported a net loss of $54.3 million for Q1, with operating losses expanding to $50.5 milli
GateNews1h ago