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Bitcoin faces a major expiry today: $2.65B in BTC options (33,135 BTC) expire at 08:00 UTC on Deribit — 24,912 calls vs just 8,223 puts, with max pain at $79,000. BTC is trading near $75,997, down 5.5% in 24 hours after Thursday's tech sell-off erased post-election gains and triggered over $1B in liquidations.

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