PANews reported on May 23 that according to Greeks.live data, 25,000 BTC options and 202,000 ETH options will expire on May 23, with the maximum pain point prices of $104,000 and $2,450, respectively, with a total nominal value of $2.81 billion and $570 million. The Put Call Ratios are 1.22 and 1.26, respectively. Although Bitcoin hit a record high this week, the options market reaction is still relatively flat, with delivery volume less than 8% of total positions, indicating that crypto institutions have a moderate expectation for the market outlook.