Crypto Options Expiry on Feb. 13 at 08:00 UTC: $2.9B Set to Lapse, BTC Max Pain $75K

Around 38,000 BTC options worth about $2.5B and 217,000 ETH contracts totaling $406M are scheduled to expire at 08:00 UTC on Feb. 13, bringing notional to roughly $2.9B. Coinglass places BTC max pain near $75,000 with a 0.76 put/call, while spot prices hover near $66,000 for BTC and under $2,000 for ETH.