According to Lin, the Asia-Pacific business manager of the cryptocurrency options exchange Deribit, this Friday (29th) will witness the largest Bitcoin (BTC) options expiration in history, with a nominal value of $9.45 billion and a put-to-call ratio of 0.82. The maximum pain point is at $50,000. Lin added that the data for this maximum pain point has been distorted due to the skyrocketing prices in recent months.
