$1.59B in BTC options to expire today

According to crypto options exchange Deribit, Bitcoin options worth $1.59 billion are set to expire at 8:00 a.m. UTC today. The put/call ratio is 0.66, and the max pain price is $78,500. Additionally, Ethereum options worth $270 million will also expire at the same time. The put/call ratio for ETH is 0.92, with a max pain price of $2,200.