$6.2B in BTC options to expire today

According to crypto options exchange Deribit, Bitcoin options worth $6.28 billion are set to expire at 8:00 a.m. UTC today. The put/call ratio is 0.85, and the max pain price is $75,000. Additionally, $1.3 billion in Ethereum options will expire at the same time, with a put/call ratio of 0.77 and a max pain price of $2,200.