Over $4.8 billion in Bitcoin and Ethereum options are scheduled to expire on Deribit tomorrow at 4:00 PM Beijing time. Bitcoin options account for $3.83 billion of the total, with a put/call ratio of 1.31 and a maximum price of $118,000. Meanwhile, Ethereum options have a notional value of $948 million, a put/call ratio of 0.82, and a maximum price of $4,250, marking a significant event for traders.