Over $10.6 billion in Bitcoin options expire June 26 with 80% of positions out-of-the-money, raising concerns about selling pressure and short-term

Your day-ahead look for June 23, 2026

BTC dips below $60K amid a marketwide sell-off. Analysts warn of a severe liquidation cascade as a critical June 30 window looms.

Over $10.6 billion in Bitcoin options expire June 26 with 80% of positions out-of-the-money, raising concerns about selling pressure and short-term

The popular max pain theory isn’t working out as bitcoin trades far from the $72K level a day ahead of a $10 billion quarterly options settlement.

There is potential for traders to adopt more defensive or bearish positioning. Read more at straitstimes.com. Read more at straitstimes.com.

Bitcoin traded near $61,000 ahead of a roughly $10 billion quarterly options expiry, far below the widely cited $72,000 "max pain" level. The gap is prompting analysts to question…

Bitcoin fell to the low $60,000s ahead of a $10.6B June 26 quarterly expiry as $469M in ETF outflows and negative gamma weigh on sentiment.

“Thin books plus a concentrated expiry mean Friday’s move likely overshoots in whichever direction flow tips first, then mean-reverts once dealer hedging unwinds...”

Bitcoin fell to around $59,400 as $691 million fled spot ETFs, the most since May, ahead of Friday's $10.6 billion options expiry.