CME Put OI Hits Yearly Low as Bitcoin Trades at $60K Max Pain on June 28

BTC-1.45%
On June 28, 2026, Coinglass data shows bitcoin traded at $60,041, coinciding with the max pain level across major options exchanges—the price at which the largest number of options contracts expire worthless. CME bitcoin options open interest has declined sharply to yearly lows, with puts consistently outpacing calls in notional USD value, signaling institutional hedgers remained defensive. Total bitcoin futures open interest across exchanges stood at approximately $42.6 billion, well below the late 2025 cycle peak near $95 billion. Deribit's September 2026 expiry carries the highest notional value at $7.53 billion, with max pain approaching $74,000.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments