[Bloomberg: $10 Billion in Bitcoin Options Set to Expire, Potentially Triggering Deeper Sell-Off] According to Bloomberg, approximately $10 billion in nominal value of Bitcoin options on Deribit are set to expire this Friday, accounting for about 37% of the current open interest. The put-to-call ratio stands at 0.83, indicating that bullish bets still dominate. However, most call options are currently out of the money, while put options are concentrated in the $60,000–$65,000 and $70,000–$75,000 ranges, suggesting bearish bets are more likely to profit. Deribit Chief Commercial Officer Jean-David Pequignot stated that this is an options structure positioned for mid-term high prices, which is now being tested by the decline in spot prices.