🚨 Options Expiry Alert 🚨 At 8:00 UTC tomorrow, over $9.5B in crypto options are set to expire. BTC: $8.27B notional | Put/Call: 0.54 | Max Pain: $90K ETH: $1.27B notional | Put/Call: 0.74 | Max Pain: $3.1K BTC is trading sideways just under $90K going into expiry, while demand for downside protection has ramped up; showing that traders are cautious even as positioning still skewed bullish. Expiry could amplify moves around key levels, especially around the pain zones. Read more by @btcjvs on @CoinDesk ↴ https://www.coindesk.com/markets/2026/01/28/bullish-bitcoin-traders-grab-crash-protection-as-friday-s-usd8-9b-expiry-nears(Deribit)