PANews reported on June 19 that according to official news from Deribit, about $3.9 billion of crypto options will expire tomorrow. Among them, the nominal value of BTC options is $3.3 billion, the Put/Call ratio is 1.16, and the maximum pain point price is $106,000; the nominal value of ETH options is $546 million, the Put/Call ratio is 0.68, and the maximum pain point price is $2,600.
Currently, BTC options show a more balanced position distribution near the biggest pain point, while ETH options show more optimistic market expectations due to the dominance of call options.

Macro analyst Luke Gromen’s comments come amid an ongoing debate over whether Bitcoin or Ether is the more attractive long-term option for traditional investors. Macro analyst Luke Gromen says the fact that Bitcoin doesn’t natively earn yield isn’t a weakness; it’s what makes it a safer store of value.“If you’re earning a yield, you are taking a risk,” Gromen told Natalie Brunell on the Coin Stories podcast on Wednesday, responding to a question about critics who dismiss Bitcoin (BTC) because they prefer yield-earning assets.“Anyone who says that is showing their Western financial privilege,” he added.Read more

