The tweet was deleted by the author.
But we saved everything 🙂.
Deribit has announced that approximately $10.8 billion in Bitcoin and Ethereum options will expire at 08:00 UTC on June 26, 2026, marking the largest options expiry event on its platform this year. The expiry, which concludes the second quarter, is being monitored for potential effects on spot prices and market liquidity.
Around $10.8 billion in Bitcoin and Ethereum options are due to expire on Deribit at 08:00 UTC on June 26, 2026, concluding the second quarter. According to published analysis, this event represents the platform's largest options expiry of the year and is considered the core of quarterly liquidity.
Market analysts highlight a Max Pain price of $74,000 for Bitcoin options, indicating the strike where the majority of options could expire worthless. Theoretical market dynamics suggest that prices may move towards this level as expiry approaches, with observers monitoring potential impacts on spot price behavior and overall market liquidity.
Deribit is a cryptocurrency exchange focused on futures and options trading for assets such as BTC, ETH, USDC, SOL, XRP, LUNA, and AVAX. The platform offers leveraged trading up to 50x via a TradingView-powered browser terminal and mobile app, supports various order types including stop loss and take profit, and features fixed, below-average commissions. For more information, see the broker profile on Traders Union.
In our previous Deribit update on Traders Union, we reported on Deribit’s launch of USDC-settled derivatives for HYPE, including perpetual contracts, options, and futures. For more details, see the earlier news about Deribit.