Source publication: PANews, November 6, 2026, at 18:25:50 UTC+8. This retrospective summarizes the events and reported status in that article, not current market conditions.
November 6: BTC and ETH options scheduled to expire
PANews reported roughly $2.64 billion in Bitcoin options scheduled to expire on Deribit at 16:00 on November 6. The article did not specify the expiry time zone or explicitly confirm settlement.
The BTC contracts had a put-to-call ratio of 0.38 and a maximum-pain level of $79,000. Call positions were concentrated at $82,000 and $85,000, substantially above the reported spot price.
About $224.5 million in ETH options were also due to expire that day. Their put-to-call ratio was 1.27, with puts outnumbering calls. The maximum-pain level was $2,350, with another sizable concentration of positions around $2,100.
These were reported positioning measures, not guarantees of where either asset would trade at expiry.
November 5 U.S. session: ETF flows turned negative
According to SoSoValue data cited by PANews, U.S. spot Bitcoin ETFs recorded $430 million in net outflows on November 5, Eastern Time, reversing the previous session’s $74.5677 million net inflow.
- Fidelity FBTC: $200 million in net outflows.
- BlackRock IBIT: $105 million in net outflows.
U.S. spot Ethereum ETFs recorded $99.9677 million in net outflows for the same session. BlackRock’s ETHA accounted for $75.2030 million, while ETHB recorded $21.9878 million in net outflows.
The preceding session had brought $53.02 million in net inflows, briefly ending a five-day outflow streak. That improvement lasted only one trading day.
November 6: Binance withdrawal reopening announced
Following the reported Binance theft, the exchange announced that withdrawals for additional assets would reopen in batches starting at 12:00 on November 6. The source did not specify a time zone or confirm that every planned batch had reopened.
Binance also requested that ArbitrumDAO return frozen assets totaling 8,425.997 ETH and approximately 74.56 million ARB. The governance process was estimated to take about 49 days. That estimate was not a confirmed return date or evidence that the request had been approved.
Separately, PANews listed the launch of Monochrome Exchange’s platform token, MCR, and said on-chain withdrawals were opening that day. It supplied no detailed launch timetable or token-supply specifications.
Market backdrop at publication
BTC was quoted at $75,721, down 5.9% over 24 hours, 3.4% over seven days and 9.9% over 30 days, with market capitalization at $1.52 trillion. PANews said the decline erased a rebound that had previously taken BTC to $81,200 after the Binance incident.
ETH traded at $2,230, down 7.9% over 24 hours, with market capitalization of $272.4 billion. Its perpetual funding rate had turned negative at −0.0004%. Open interest fell from $2.004 billion on November 5 to $1.708 billion, while the long-to-short account ratio rose from 2.6 to 3.36.
PANews linked the broader crypto decline to a U.S. technology-stock selloff that also affected Asian equities. South Korea’s KOSPI closed down 6.02%, while Japan’s Nikkei 225 fell 5.96%, leaving it 20% below its June high. These moves provided the report’s market context; they did not establish a guaranteed price response to the scheduled crypto events.