A $10 billion Bitcoin options expiration is set for Friday on Deribit, according to Bloomberg. Approximately $10 billion in Bitcoin options are set to expire on Friday on the Deribit cryptocurrency derivatives exchange, accounting for about 37% of total open interest, signaling heightened volatility expectations. Data shows a put/call ratio of 0.83, with many call options trading below the current price level. Put options are concentrated in the $60k–$65k and $70k–$75k ranges, suggesting that short positions may dominate under current conditions. Deribit's Chief Trading Officer Jean-David Pequignot noted that the options positions were established with expectations of Bitcoin price increases, but recent weakness in the spot market has put pressure on this scenario. Additional downward pressure comes from net outflows of $3 billion from U.S. Bitcoin funds in June, coupled with expectations of persistently high U.S. interest rates weighing on risk assets.#比特币 #期权市场