$2.5BILLION IN CRYPTO OPTIONS SET TO EXPIRE TOMORROW

Deribit reports over $2.5B in options expiring tomorrow with $2.15B in $BTC notional, with max pain at $82K and bearish positioning concentrated in the $80K–$90K range.

$ETH notional stands at $408M, where max pain sits at $2,550, and positions cluster in the mid-$2,000s.

ETH
ETHUSDT
1,915.39
-9.89%
BTC
BTCUSDT
65,659.5
-7.97%