Source: CoinDesk
“On Friday, bitcoin options or derivative contracts worth billions will expire on crypto exchange Deribit. Traders might want to note that the dynamics of the expiry are such that BTC’s market price could be lifted toward a very specific point: $75,000. Deribit, the world’s largest crypto options exchange, will settle bitcoin options contracts worth $14.16 billion on Friday at 08:00 UTC. This means nearly 40% of all open interest – the dollar value of all active contracts on the exchange – are set to expire in roughly 48 hours. On Deribit, one options contract represents one BTC. … According to Deribit’s data, the ‘max pain’ price — the level where the most contracts would expire worthless (lottery tickets that don’t win) — sits right at $75,000. As such, this level could act as a magnet, according to Deribit’s Chief Commerical Officer Jean-David Péquignot.” (03/25/26)