币界网报道：Bitcoin faces one of its largest options expiries on record, with approximately $9.4 billion worth of BTC options set to expire on Deribit today. The expiry includes 18,000 BTC call options (bullish bets) and 5,000 BTC put options (bearish bets), with a put-call ratio of 0.28—indicating strong bullish sentiment among traders. Analysts note that the majority of call options are concentrated at higher strike prices, particularly around $70,000, suggesting expectations for a potential price surge. However, market volatility remains a concern as Bitcoin struggles to maintain momentum above $67,000 after recent fluctuations. Deribit's data shows open interest for Bitcoin options at $20 billion, underscoring growing institutional participation in crypto derivatives. Experts warn that large expiries can trigger short-term price swings as traders adjust positions, though long-term trends may remain unaffected. The event highlights Bitcoin's maturing derivatives market amid increasing mainstream adoption.