According to Lin, the Asia-Pacific Business Director of the cryptocurrency options exchange Deribit, this Friday (the 29th) will witness the largest Bitcoin (BTC) options expiration in history, with a notional value of $9.45 billion and a put-call ratio of 0.82. The maximum pain point is at $50,000. Lin added that the data for this maximum pain point has become distorted due to the significant surge in the past few months.
