According to Greeks.live, on April 25, 78,000 Bitcoin options expired with a Put Call Ratio of 0.75 and a Maxpain point at $86,000, totaling a notional value of $7.18 billion. In addition, 461,000 Ethereum options expired with a Put Call Ratio of 0.82 and a Maxpain point of $1,900, amounting to $820 million in notional value. Traders should note that the relatively low Put Call Ratios for both BTC and ETH indicate a higher demand for call options, reflecting a bullish sentiment prior to expiry. The Maxpain points at $86,000 for BTC and $1,900 for ETH suggest significant levels where most option holders experience maximum loss, which are critical for traders to monitor for potential price gravitation post-expiry. This data provides actionable insights for options trading strategies and risk management. (Source: Greeks.live, April 25, 2025)