$14,160,000,000 in BTC options just expired. The forced selling is DONE.
Deribit settled $14.16B BTC options — largest of 2026.
40% of all open positions: cleared.
Max pain level: $67,500.
BTC current: $66,616 — just below max pain.
Post-expiry mechanics:
→ Hedges cleared = less sell pressure
→ Market makers unwind positions = price floats up
→ Max pain acts as gravity: $67,500
Average post-major-expiry BTC bounce: +5.8% in 5 days.
The reset just happened.
The bounce window is now open.
Follow for BTC options expiry analysis every Friday before it moves.
#bitcoin #BTCOptions #Deribit #Crypto #OptionsExpiry
BTC
65,893.47
-0.74%
SOL
81.36
-0.93%
XRP
1.3273
-0.47%