$5B in BTC & ETH Options Set to Expire

[cryptoenthusiast]

Nearly $5B in Bitcoin and Ethereum options expire today on Deribit, a move that could shake short-term prices. BTC max pain sits at $105K, with a Put/Call ratio of 0.63, signaling cautious optimism despite Bitcoin trading under $100K.

[Abdul Khan]

A $5B expiry always brings volatility — expect sharp moves in both directions.

[Nahid Hossen]

Max pain levels could dictate short-term price action after the expiration.