According to online reports, Lin Chen, head of Derbit's Asia Pacific region, the delivery of April options for Bitcoin (BTC) and Ethereum (ETH) will be held at 4 p.m. on Friday (April 25). At that time, BTC will have US$7.2 billion in positions expiring. The current put/call ratio is 0.73, the biggest pain point is US$85000, and the current price is US$92735, indicating that call option buyers have won a big victory. At the same time, ETH will have US$800 million in positions expiring. The current put/call ratio is also 0.73, the biggest pain point is US$1900, and the current price is US$1769, indicating a small win for ETH put option buyers.