81,700 Bitcoin options worth roughly $6.44 billion expire Friday at 08:00 UTC on Deribit’s platform.Calls total 44,639 contracts versus 37,061 puts, producing a 0.83 put-to-call ratio before Friday’s settlement.The $75,000 strike holds $236 million in call notional, while $80,000 holds $157 million currently.More than $500 million of notional lies within 5% of Bitcoin’s prevailing market price currently.Max pain stands near $68,000, but that model does not predict Friday’s settlement price reliably.