🚨 Options Expiry Alert 🚨 At 08:00 UTC tomorrow, ~$2.51B in crypto options are set to expire on Deribit. BTC: $2.23B notional | P/C: 0.68 | Max Pain: $66K ETH: $291M notional | P/C: 0.62 | Max Pain: $1.75K Despite recent volatility, positioning remains skewed toward calls across both assets. BTC and ETH continue to trade above their respective max pain levels heading into expiry, with put/call ratios below 1.0 signaling a market that remains tilted toward upside exposure. http://deribit.com/statistics/BTC/metrics/options Disclaimer: Deribit FZE is licensed by the Virtual Assets Regulatory Authority (VARA) for virtual asset exchange services, but does not offer derivatives services to retail investors. DRB Panama Inc. is unregulated and serves retail and non-retail investors. Virtual assets are highly volatile, carry significant risk, and may lose full value. They are not insured or protected against potential losses.(Deribit)