According to crypto options exchange Deribit, $1.21 billion worth of Bitcoin options are set to expire today at 08:00 UTC. The Put/Call ratio stands at 0.90, with the 'max pain' price—the level where the highest number of option buyers lose their premium—at $64,500.
At the same time, Ethereum options worth $234 million are expiring. The Put/Call ratio is 1.29, and the 'max pain' price is $1,875.

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1July 24, 2026 2.2K 1