Odaily星球日报

Odaily Planet Daily reported that Greeks.live stated on the X platform that 38,000 BTC options have been delivered, with a Put-Call Ratio of 0.71, the maximum pain point at $74,000, and a nominal value of $2.5 billion. 215,000 ETH options have been delivered, with a Put-Call Ratio of 0.82, the maximum pain point at $2,100, and a nominal value of $410 million.

The cryptocurrency market continues to decline, with the maximum pain point dropping rapidly. Today's delivered options account for 9% of the total open interest, with a total value of nearly $2.9 billion. This week, the implied volatility of Bitcoin and Ethereum has decreased, with BTC's main term IV dropping to 50% and ETH to 70%. Although the price decline trend has slowed, market confidence remains weak.

Odaily Planet Daily reported that Greeks.live posted on platform X indicating that 38,000 BTC options have been settled, with a Put-Call Ratio of 0.71 and a maximum pain point of 74,000 USD, with a nominal value of 2.5 billion USD. 215,000 ETH options have been settled, with a Put-Call Ratio of 0.82 and a maximum pain point of 2,100 USD, with a nominal value of 410 million USD.

The cryptocurrency market continues to decline, with the maximum pain point dropping rapidly. Today, options expiring account for 9% of the total open interest, with a total value of nearly 2.9 billion USD. This week, the implied volatility of Bitcoin and Ethereum has decreased, with BTC's main contract IV dropping to 50% and ETH down to 70%. Although the price decline trend has slowed, market confidence remains weak.

Odaily Planet Daily reports that Cointelegraph has stated on the X platform that the total open interest for BTC futures has dropped to $34 billion, down 28% from 30 days ago, the lowest level since November 2024. However, the open interest valued in BTC remains stable at 502,450 BTC, indicating that leverage demand has not changed. Some of the decline can be attributed to a total of $5.2 billion in forced liquidations over the past two weeks.

Weak U.S. employment data and BTC options skew indicate a bearish market shift. Data from the U.S. Department of Labor shows that the U.S. economy added only 181,000 jobs in 2025. The annualized funding rate for BTC futures has remained below the neutral level of 12% for the past four months. Deribit's BTC options Delta skew has risen to 22%, indicating a premium for bearish (sell) instruments.

1. CZ refutes rumors: has not profited from hedging user positions and has never traded on BitMex;

2. The seven-day average of Bitcoin has realized a net loss reaching 2.3 billion USD, marking the largest decline since 2021;

3. The probability of the event 'The US government will shut down again before February 14' on Polymarket has risen to 97%;

4. ARK Invest increased its holdings in Robinhood, Bitmine, and Bullish stocks yesterday, totaling approximately 18.97 million USD;

5. The Bhutanese government has again sold BTC worth 6.7 million USD;

6. A certain whale deposited a total of 8,200 BTC into Binance in the past 2 days, amounting to approximately 559 million USD;

Odaily Planet Daily News According to SoSoValue data, yesterday (Eastern Time February 12) the total net outflow of Bitcoin spot ETFs was 410 million USD.

Yesterday, the Bitcoin spot ETF with the highest single-day net outflow was Blackrock ETF IBIT, with a single-day net outflow of 158 million USD, and the historical total net inflow of IBIT has reached 61.616 billion USD.

Next is Fidelity ETF FBTC, with a single-day net outflow of 104 million USD, and the historical total net inflow of FBTC has reached 10.970 billion USD.

As of the time of writing, the total net asset value of Bitcoin spot ETFs is 82.865 billion USD, and the ETF net asset ratio (the market value as a percentage of Bitcoin's total market value) has reached 6.34%, with a historical cumulative net inflow of 54.314 billion USD.

Odaily Planet Daily reported that Cointelegraph stated that the total open interest for BTC futures has dropped to $34 billion, down 28% from 30 days ago, marking the lowest level since November 2024. However, the open interest valued in BTC remains stable at 502,450 BTC, suggesting that leverage demand has not changed. Part of the decline is attributed to a total of $5.2 billion in forced liquidations over the past two weeks.

The soft U.S. employment data and BTC options skew indicate a market shift towards bearishness. Data from the U.S. Department of Labor shows that the U.S. economy added only 181,000 jobs in 2025. The annualized funding rate for BTC futures has been below the neutral level of 12% for the past four months. Deribit's BTC options delta skew has risen to 22%, indicating a premium for bearish (sell) instruments.

Odaily Planet Daily reports that according to SoSoValue data, yesterday (Eastern Time, February 12) the total net outflow of the Ethereum spot ETF was 11.3 million USD.

Yesterday, the Ethereum spot ETF with the highest daily net outflow was the Fidelity ETF FETH, with a daily net outflow of 43.5191 million USD. Currently, FETH's historical total net inflow has reached 2.471 billion USD.

Next is the Blackrock ETF ETHA, with a daily net outflow of 28.9895 million USD, and currently, ETHA's historical total net inflow has reached 11.986 billion USD.

As of the time of publication, the total net asset value of the Ethereum spot ETF is 10.969 billion USD, with an ETF net asset ratio (market value as a percentage of the total market value of Ethereum) of 4.74%, and the historical cumulative net inflow has reached 11.638 billion USD.