$7.8B in BTC options expire today

According to crypto options exchange Deribit, $7.8 billion in Bitcoin options are set to expire at 8:00 a.m. UTC today, Feb. 27. The put/call ratio is 0.75, and the max pain price is $75,000. Additionally, $970 million in Ethereum options will expire at the same time. The put/call ratio for ETH is 0.78, with a max pain price of $2,200.