$2.5B in BTC options to expire today

According to crypto options exchange Deribit, Bitcoin options worth $2.5 billion are set to expire at 8:00 a.m. UTC today, Feb. 13. The put/call ratio is 0.72, and the max pain price—the level at which the most option holders would see their contracts expire worthless—is $74,000. At the same time, Ethereum options valued at $420 million will also expire, with a put/call ratio of 0.85 and a max pain price of $2,100.