"Deribit, Bitcoin Options Max Pain Price at $116,000"

Son Min

Summary

It is reported that the max pain price for Bitcoin options expiring at Deribit this Friday is $116,000.
It was announced that a total of $11.34 billion worth of Bitcoin options will expire at Deribit at 5 PM (KST) this Friday.
The max pain price is where buyers incur the highest losses and sellers the maximum gains, with speculation that institutional investors may artificially push up the Bitcoin price.

At Deribit, a cryptocurrency derivatives exchange, the max pain price for Bitcoin (BTC) options expiring this Friday is reported to be $116,000.

On the 27th (local time), Unfolded announced on X (formerly Twitter) that "Bitcoin options amounting to a total of $11.34 billion will expire at Deribit this Friday at 5 PM (KST)," and that "the max pain price is $116,000."

The max pain price refers to the level where option buyers incur the greatest losses while sellers (mainly institutions) see the maximum gains upon option expiry. Accordingly, there is speculation that some institutional investors may artificially push up the price of Bitcoin for greater profits.

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