Deribit will see a total of $3.51 billion in cryptocurrency options expire at 16:00 Beijing time on January 24. Among them, the notional value of the Bitcoin (BTC) option contract is $2.99 billion, the maximum loss price is $99,000, and the put/call ratio is 0.48; the notional value of the Ethereum (ETH) option contract is $542 million, the maximum loss price is $3,300, and the put/call ratio is 0.47.