[Approximately $6.25 Billion in Bitcoin Options Expiring on May 29] According to CoinDesk, Deribit will see approximately $6.25 billion worth of Bitcoin options expire on May 29, involving a total of 80,535 contracts. The current Bitcoin price is approximately $77,250, with the 'max pain price' positioned at $75,000—around 3% lower than the current price—representing the largest short-benefit range. This price level is also the concentration point for put options, with a nominal value of approximately $394 million. On the call side, the $80,000 strike price holds the largest open interest, with a nominal value of approximately $532 million. The overall put/call ratio stands at 0.86, indicating a mildly bullish market sentiment. Meanwhile, the 29MAY26 $82,000 call options are the most actively traded contracts of the day, with approximately 1,600 contracts (around $126 million) traded, showing that some traders are betting on Bitcoin breaking above the $82,000 level.