Deribit Data Shows $8.6 Billion in OTM BTC Options Ahead of June Expiry
Deribit data cited by ChainCatcher shows that about $8.6 billion in notional BTC options are out of the money as the June 26 expiry approaches. Only around 20% of roughly $10.6 billion in open interest is currently in the money, while the max pain level is near $74,000.

