$2.5B in BTC options set to expire today

According to crypto options exchange Deribit, $2.495 billion in Bitcoin options is set to expire at 8:00 a.m. UTC today. The put-to-call ratio stands at 0.61, and the max pain price, the level where the largest number of option buyers lose their premiums, is $72,000. At the same time, $350 million in Ethereum options is also set to expire. The put-to-call ratio is 0.89, and the max pain price is $2,400.