Deribit Asia Pacific Head: This Friday Marks the Largest Ever Bitcoin Options Expiry, with Open Position Nominal Value Approaching $9.5 Billion

According to Lin, the Asia-Pacific Business Manager of the cryptocurrency options exchange Deribit, this Friday (the 29th) will witness the largest-ever Bitcoin (BTC) options expiration, with a notional value of 9.45 billion US dollars and a put-to-call ratio of 0.82. The maximum pain point is 50,000 US dollars. Lin added that the data of this maximum pain point has been distorted due to the skyrocketing of Bitcoin in the past few months.