Max Pain Sits 10% Below Spot: Reading the $16B Bitcoin Options Expiry Like an Order Book
The number that matters is not on the marquee. $16.07 billion in notional...
People
•
CryptoAnsem
•
2026-09-21
Market Prices
| Coin | Price | 24h |
|---|---|---|
|
BTC
Bitcoin
|
$84,206.4 | +1.16% |
|
ETH
Ethereum
|
$2,480.9 | +0.60% |
|
SOL
Solana
|
$107.32 | -0.38% |
|
BNB
BNB Chain
|
$746.8 | +1.07% |
|
XRP
XRP Ledger
|
$1.37 | +2.65% |
|
DOGE
Dogecoin
|
$0.0826 | +0.78% |
|
ADA
Cardano
|
$0.2264 | +0.40% |
|
AVAX
Avalanche
|
$9.72 | -1.55% |
|
DOT
Polkadot
|
$1.17 | -1.64% |
|
LINK
Chainlink
|
$12.45 | -0.01% |
Fear & Greed
63
Greed
Market Sentiment
Event Calendar
202618
03
unlock
Sui Token Unlock
Team and early investor shares released
30
04
upgrade
Celestia Mainnet Upgrade
Improves data availability sampling efficiency
08
04
upgrade
Solana Firedancer
Independent validator client goes live on mainnet
15
04
halving
Bitcoin Halving
Block reward reduced to 3.125 BTC
22
03
unlock
Optimism Unlock
Circulating supply increases by about 2%
28
03
unlock
Arbitrum Token Unlock
92 million ARB released
12
05
halving
BCH Halving
Block reward halving event
10
05
upgrade
Ethereum Pectra Upgrade
Raises validator limit and account abstraction
Altseason Index
40
Bitcoin Season
BTC Dominance
Altseason
Gas Tracker
Ethereum
28 Gwei
BNB Chain
3 Gwei
Polygon
42 Gwei
Arbitrum
0.5 Gwei
Optimism
0.3 Gwei
Trend Tags
Market Cap
All →
1
Bitcoin
BTC
$84,206.4
1
Ethereum
ETH
$2,480.9
1
Solana
SOL
$107.32
1
BNB Chain
BNB
$746.8
1
XRP Ledger
XRP
$1.37
1
Dogecoin
DOGE
$0.0826
1
Cardano
ADA
$0.2264
1
Avalanche
AVAX
$9.72
1
Polkadot
DOT
$1.17
1
Chainlink
LINK
$12.45
🐋 Whale Tracker
🟢
0x5829...c0de
30m ago
In
43,374 BNB
🔵
0xd352...175d
5m ago
Stake
1,409,610 DOGE
🔵
0xe8b7...a772
3h ago
Stake
839.12 BTC
💡 Smart Money
0xb990...9522
Experienced On-chain Trader
+$1.7M
71%
0x51de...eaac
Early Investor
+$0.1M
76%
0xd0a6...b367
Top DeFi Miner
+$2.7M
88%
#Max Pain
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