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  "path": "/bitcoin-bears-may-sleepwalk-into-a-8-65-billion-trap-as-options-max-pain-expiry-nears-90000/",
  "publishedAt": "2026-02-08T21:15:28.000Z",
  "site": "https://cryptoslate.com",
  "tags": [
    "Analysis",
    "Derivatives",
    "Featured",
    "Market",
    "bitcoin",
    "BTC",
    "delta",
    "gamma",
    "open interest",
    "options",
    "options volume",
    "Bitcoin bears could sleepwalk into a $8.65 billion trap as options max pain expiry nears $90,000",
    "CryptoSlate"
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  "textContent": "Bitcoin’s next big options gravity well sits on Mar. 27 (260327), and the reason is simple: this is where the market has parked a thick stack of conditional bets that will need to be unwound, rolled forward, or paid out as the clock runs down. The Mar. 27 expiry carries about $8.65B in notional OI […]\n\nThe post Bitcoin bears could sleepwalk into a $8.65 billion trap as options max pain expiry nears $90,000 appeared first on CryptoSlate.",
  "title": "Bitcoin bears could sleepwalk into a $8.65 billion trap as options max pain expiry nears $90,000"
}