Nearly $5 billion in Bitcoin and Ethereum options are set to expire on Deribit on November 14, 2025, at 8:00 UTC. This significant expiry could impact the prices of BTC and ETH as they near their respective strike prices. Currently, Bitcoin is trading at $99,092, with a max pain point at $105,000 and a Put-to-Call ratio of 0.63, suggesting a bullish market sentiment. Ethereum is trading around $3,224, with a max pain point at $3,500 and a Put-to-Call ratio of 0.64. Analysts have observed rising open interest and volume in the options markets, indicating increased uncertainty and potential volatility as the expiration approaches.