Deribit Asia Pacific Business Head, Sister Lin: A total of 40.5 billion positions will expire this Friday

Deribit's Asia-Pacific business head, Sister Lin, stated on social media that this Friday, July 26th at 4 pm is the BTC monthly options settlement day. A total of 4.05 billion positions will expire with a put/call ratio of 0.63 and the maximum pain point being 63000. Don't panic because of the maximum pain point; when the market is strong, market sentiment rules all. However, there tends to be some resistance towards the end of the month.