Bitcoin options worth $6.44 billion expire on Deribit as market eyes max pain

🚨 Bitcoin options worth $6.44 billion expire Friday on Deribit.
💥 Around 81,700 contracts close out as $BTC trades far above the max pain level.
👀 Over $500 million in notional sits at the $75,000 and $80,000 strikes.
📊 Deribit's expiry coincides with major macroeconomic events and a new Fed chair’s speech.

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