{"id":48029,"date":"2025-08-15T11:00:27","date_gmt":"2025-08-15T08:00:27","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=48029"},"modified":"2025-08-15T10:57:11","modified_gmt":"2025-08-15T07:57:11","slug":"bitcoin-and-ethereum-options-expire-today-btc-supply-at-99","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/","title":{"rendered":"Bitcoin and Ethereum Options Expire Today! BTC Supply at 99%!"},"content":{"rendered":"

Today, more than $6 billion<\/strong> worth of Bitcoin and Ethereum options<\/strong> expired, increasing volatility risks in the cryptocurrency market heading into the weekend.<\/span>\u00a0<\/span><\/p>\n

According to Deribit data, Bitcoin\u2019s maximum pain<\/strong> point was set at $117,000. At the time of writing, BTC traded at $118,995. The put-call ratio for expiring Bitcoin options<\/strong> stood at 0.90, indicating more call positions than puts \u2014 a bullish signal. The nominal value of Bitcoin options reached $4.78 billion, with 40,185 open contracts<\/strong>.<\/span>\u00a0<\/span><\/p>\n

\"\"<\/p>\n

On the Ethereum side, the maximum pain point was $4,000, with ETH trading at $4,629. The put-call ratio<\/strong> came in at 1.02<\/strong>, showing a slight tilt toward put positions. Ethereum options had a nominal value of $1.33 billion and 287,946 open contracts.<\/span>\u00a0<\/span><\/p>\n

\"\"<\/p>\n

Record-Breaking Options Volume, Diverging Market<\/span>\u00a0<\/span><\/h2>\n

Last week, $5 billion worth of options expired. This week, the figure exceeded $6 billion. Data from Greeks.live shows that the expiry followed a macro-driven market correction. PPI inflation<\/strong> hit 3.7%, the highest since March 2022, while core CPI rose<\/strong> above 3%. Despite this, implied volatility in the options market remained largely unchanged.<\/span>\u00a0<\/span><\/p>\n

Deribit set a new daily record with $10.9 billion in trading volume, signaling sustained investor interest. Some analysts warned that Bitcoin could peak near $122,000 and Ethereum close to $4,700. Heavy open interest and record volumes increase the likelihood of prices moving toward maximum pain levels.<\/span>\u00a0<\/span><\/p>\n

Glassnode data revealed that when Bitcoin reached a new all-time high, the profitable BTC supply<\/strong> surged to 99%. This figure was around 95% before the July correction and has never dropped below the cumulative average of 92% plus one standard deviation.<\/span>\u00a0<\/span><\/p>\n

\"\"<\/p>\n

Over the weekend, price action will determine whether bullish momentum continues or profit-taking triggers a pullback.<\/span>\u00a0<\/span><\/p>\n

\u00a0<\/span>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram<\/a>,\u00a0YouTube<\/a>,\u00a0and\u00a0Twitter<\/a>\u00a0channels for the latest\u00a0news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Today, more than $6 billion worth of Bitcoin and Ethereum options expired, increasing volatility risks in the cryptocurrency market heading into the weekend.\u00a0 According to Deribit data, Bitcoin\u2019s maximum pain point was set at $117,000. At the time of writing, BTC traded at $118,995. The put-call ratio for expiring Bitcoin options stood at 0.90, indicating<\/p>\n","protected":false},"author":36,"featured_media":42448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[657,2],"tags":[19340,22392,19892,22393,22394,22391,22396,22395],"class_list":["post-48029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-en","category-news","tag-bitcoin-options-expiry","tag-btc-market-volatility","tag-crypto-options-trading","tag-deribit-volume-record","tag-eth-put-call-ratio","tag-ethereum-derivatives","tag-glassnode-btc-supply","tag-macro-data-crypto-impact"],"yoast_head":"\nBitcoin and Ethereum Options Expire Today! BTC Supply at 99%! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Over $6B in Bitcoin and Ethereum options expired today, pushing markets toward volatility as BTC supply hits a record 99%.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin and Ethereum Options Expire Today! BTC Supply at 99%! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Over $6B in Bitcoin and Ethereum options expired today, pushing markets toward volatility as BTC supply hits a record 99%.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-15T08:00:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-15T07:57:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/taslak-ce-2025-05-15T161030.680-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Yeliz Akmaca\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yeliz Akmaca\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/\",\"name\":\"Bitcoin and Ethereum Options Expire Today! BTC Supply at 99%! - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/taslak-ce-2025-05-15T161030.680.png\",\"datePublished\":\"2025-08-15T08:00:27+00:00\",\"dateModified\":\"2025-08-15T07:57:11+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5f900e6c865999388c1ea494e5953442\"},\"description\":\"Over $6B in Bitcoin and Ethereum options expired today, pushing markets toward volatility as BTC supply hits a record 99%.\",\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/taslak-ce-2025-05-15T161030.680.png\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/taslak-ce-2025-05-15T161030.680.png\",\"width\":1920,\"height\":1080,\"caption\":\"bitcoin eth options\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin and Ethereum Options Expire Today! BTC Supply at 99%!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5f900e6c865999388c1ea494e5953442\",\"name\":\"Yeliz Akmaca\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b399e2146177639d343205648bae3bdb3cd7bb9d02c7186f71149c7122151b69?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b399e2146177639d343205648bae3bdb3cd7bb9d02c7186f71149c7122151b69?s=96&d=mm&r=g\",\"caption\":\"Yeliz Akmaca\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cmyelizz\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitcoin and Ethereum Options Expire Today! BTC Supply at 99%! - Coin Engineer","description":"Over $6B in Bitcoin and Ethereum options expired today, pushing markets toward volatility as BTC supply hits a record 99%.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin and Ethereum Options Expire Today! BTC Supply at 99%! - Coin Engineer","og_description":"Over $6B in Bitcoin and Ethereum options expired today, pushing markets toward volatility as BTC supply hits a record 99%.","og_url":"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/","og_site_name":"Coin Engineer","article_published_time":"2025-08-15T08:00:27+00:00","article_modified_time":"2025-08-15T07:57:11+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/taslak-ce-2025-05-15T161030.680-1024x576.png","type":"image\/png"}],"author":"Yeliz Akmaca","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Yeliz Akmaca","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/","url":"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/","name":"Bitcoin and Ethereum Options Expire Today! BTC Supply at 99%! - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/taslak-ce-2025-05-15T161030.680.png","datePublished":"2025-08-15T08:00:27+00:00","dateModified":"2025-08-15T07:57:11+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5f900e6c865999388c1ea494e5953442"},"description":"Over $6B in Bitcoin and Ethereum options expired today, pushing markets toward volatility as BTC supply hits a record 99%.","breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/taslak-ce-2025-05-15T161030.680.png","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/taslak-ce-2025-05-15T161030.680.png","width":1920,"height":1080,"caption":"bitcoin eth options"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-options-expire-today-btc-supply-at-99\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Bitcoin and Ethereum Options Expire Today! BTC Supply at 99%!"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5f900e6c865999388c1ea494e5953442","name":"Yeliz Akmaca","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b399e2146177639d343205648bae3bdb3cd7bb9d02c7186f71149c7122151b69?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b399e2146177639d343205648bae3bdb3cd7bb9d02c7186f71149c7122151b69?s=96&d=mm&r=g","caption":"Yeliz Akmaca"},"url":"https:\/\/coinengineer.net\/blog\/author\/cmyelizz\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/48029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=48029"}],"version-history":[{"count":1,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/48029\/revisions"}],"predecessor-version":[{"id":48033,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/48029\/revisions\/48033"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/42448"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=48029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=48029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=48029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}