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$6.4 Billion in Bitcoin Options Expire Tomorrow—Here's What It Means

Decrypt·August 27, 2026·1 min read
$6.4 Billion in Bitcoin Options Expire Tomorrow—Here's What It Means

Deribit's Friday settlement covers $6.4 billion in Bitcoin options, nearly a fifth of the exchange's open interest. Max pain sits well below where BTC is trading now, suggesting potential price pressure. Traders watch the expiry as it could influence short-term Bitcoin volatility.

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