BTC options worth $12.1B to expire on March 28

$12.1 billion worth of Bitcoin options are set to expire at 08:00 UTC on March 28, according to data from crypto options exchange Deribit. The put/call ratio is 0.49, and the max pain price is $85,000. At the same time on the same day, around $2.14 billion worth of ETH options will mature. The put/call ratio is 0.39, and the max pain price is $2,400. The max pain price is when the cryptocurrency price settles at a specific value as an option nears its expiration date, resulting in financial losses for the largest number of options traders.