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![DeribitOfficial Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3082532355.png) Deribit [@DeribitOfficial](/creator/twitter/DeribitOfficial) on x 70.1K followers
Created: 2025-07-10 09:22:36 UTC

🚨 Options Expiry Alert 🚨

Over $4.6B in crypto options expire tomorrow at 08:00 UTC on Deribit.

$BTC: $3.99B notional | Put/Call: XXXX | Max Pain: $107K
$ETH: $609M notional | Put/Call: XXXX | Max Pain: $XXXXX

Bitcoin hit $112K overnight, but with long gamma at $110K, dealer hedging may cap follow-through. ETH sits in a negative gamma zone, moves could get outsized from here.

![](https://pbs.twimg.com/media/GvfDirnW0AI3rcs.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1943239421236572525/c:line.svg)

**Related Topics**
[hedging](/topic/hedging)
[$110k](/topic/$110k)
[gamma](/topic/gamma)
[$112k](/topic/$112k)
[$609m](/topic/$609m)
[$eth](/topic/$eth)
[$107k](/topic/$107k)
[$399b](/topic/$399b)

[Post Link](https://x.com/DeribitOfficial/status/1943239421236572525)