Woofun AI reports that approximately $10 billion in Bitcoin options will expire on Deribit tomorrow at 4 p.m. This volume represents roughly 37% of the platform's total open interest. Jean-David Pequignot, Deribit’s Chief Business Officer, stated that "This portfolio was originally expected to see price increases in the medium term, but now its cash value has decreased." He added that positions holding a large number of call options are currently at a disadvantage due to the recent decline in Bitcoin prices.