BTC options worth $1.20 billion and ETH options worth $800 million are about to expire

Greeks.live data shows that on May 10, the option delivery data: 18,000 BTC options are about to expire, the Put Call Ratio is 0.64, the maximum pain point is $62,000, and the nominal value is $1.20 billion.
280,000 ETH options are about to expire, with a Put Call Ratio of 0.74, a maximum pain point of $3050, and a nominal value of $800 million.
Greeks.live said that this week, the crypto market is relatively weak, the volume continues to fall, and the weakness is still continuing. The outflow of BTC ETF in the United States has eased, but from the perspective of block trade and market trading structure, the weakness of the currency price has led to the continuous weakening of market confidence, and the main period IV continues to decline. The current IV level has been slightly lower than the average water level, which has some support. There is little room for continued decline.