NewsBTC
May 2, 2026 upd. 6 Jun

Bitcoin falls below short-term holder cost basis before $1.74B Deribit options expiry

1 min

Deribit to settle $2.14B in crypto options; BTC max pain at $76,000

Bitcoin and Ethereum hit a major options expiry on Deribit at 08:00 UTC. Roughly $2.14B notional will settle today Deribit May 1 alert.

BTC skew favors puts. Put/Call sits at 1.10. Max pain is $76,000 Deribit.

  • BTC expiry size about $1.74B notional Deribit
  • ETH expiry size about $394M notional Deribit
  • ETH Put/Call is 0.95. Max pain $2,325 Deribit

Deribit: “BTC spot pinned right at max pain.” Source

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