Odaily News Deribit data shows that about $5 billion worth of Bitcoin (BTC) options contracts will expire on Deribit this Friday Beijing time, with the maximum pain point of $98,000. According to Deribit data, of the $5 billion in notional value that is about to expire, $3.9 billion (78%) will expire in out-of-the-money (OTM) form, which means that these contracts will be worthless. Almost 100% of call options are OTM, that is, bullish bets, and the price of Bitcoin has fallen sharply in the past few days, causing investors to suffer a lot of unrealized losses. (Coindesk)