Over $10.4B in BTC, ETH Options Expire as Bitcoin Hovers Near Max Pain

,

tags. - Use appropriate Polish crypto/tech terms. - Keep proper nouns: Bitcoin, Ethereum, Bitcoin Hyper, Solana Virtual Machine, etc. We'll translate the title: "Over $10.4B in BTC, ETH Options Expire as Bitcoin Hovers Near Max Pain" -> Polish. We need to be careful with numbers: $10.4B, 149,000, 435,000, $63,800, $64,000, $1,890, $1,850, $830 million, $9.6 billion, $32.9M, $0.0136839. We'll translate the content paragraph by paragraph. Also the meta description. We'll output JSON with keys: title, content, meta (with description). Let's do the translation. First, title: "Over $10.4B in BTC, ETH Options Expire as Bitcoin Hovers Near Max Pain" Polish: "Ponad 10,4 mld USD w opcjach BTC i ETH wygasa, gdy Bitcoin oscyluje w pobliżu maksymalnego bólu" (but "max pain" is a term, we can keep "max pain" or translate as "maksymalnego bólu"? Usually in Polish crypto articles they might use "max pain" as is, but we can translate to "poziomu maksymalnego bólu" or "maksymalnego bólu". To be natural, we might say "w pobliżu poziomu max pain" but since it's a specific term, we can keep "max pain" or translate. The instruction says "Use appropriate Polish terminology for crypto/tech terms" - max pain is a known term, often left as "max pain" in Polish. I'll keep "max pain" but maybe with explanation? But since it's a title, we can keep "Max Pain" as is. Alternatively, translate as "maksymalnego bólu" but that might be less clear. I'll use "maksymalnego bólu" but in quotes? Actually, I'll check: In Polish crypto articles, they often use "max pain" directly. I'll keep "max pain" but with Polish grammar. So title: "Ponad 10,4 mld USD w opcjach BTC i ETH wygasa, gdy Bitcoin oscyluje w pobliżu poziomu max pain" - but that's long. Maybe: "Ponad 10,4 mld USD w opcjach BTC i ETH wygasa, a Bitcoin w pobliżu max pain" - but we need to keep the meaning: "as Bitcoin Hovers Near Max Pain" - "gdy Bitcoin oscyluje w pobliżu max pain". I'll go with: "Ponad 10,4 mld USD w opcjach BTC i ETH wygasa, gdy Bitcoin oscyluje w pobliżu max pain" But maybe better: "Wygasa ponad 10,4 mld USD w opcjach BTC i ETH, a Bitcoin w pobliżu max pain" - but that changes structure. I'll do: "Ponad 10,4 mld USD w opcjach BTC i ETH wygasa, gdy Bitcoin oscyluje w pobliżu max pain" But we need to be precise: "Over $10.4B in BTC, ETH Options Expire" - "Opcje BTC i ETH o wartości ponad 10,4 mld USD wygasają" - but "Expire" is present tense, so "wygasają" is fine. But "as Bitcoin Hovers Near Max Pain" - "podczas gdy Bitcoin oscyluje w pobliżu max pain". So title: "Opcje BTC i ETH o wartości ponad 10,4 mld USD wygasają, podczas gdy Bitcoin oscyluje w pobliżu max pain" But that's a bit long. Alternatively: "Wygasają opcje BTC i ETH o wartości ponad 10,4 mld USD, a Bitcoin w pobliżu max pain" - but that's less formal. I'll go with: "Ponad 10,4 mld USD w opcjach BTC i ETH wygasa, gdy Bitcoin oscyluje w pobliżu max pain" But note: "Over $10.4B in BTC, ETH Options" - it's "options in BTC and ETH" so "opcje BTC i ETH" is fine. Also "Expire" - we can say "wygasają" or "wygasa" (singular? Actually "options" plural, so "wygasają" is correct. But we have "Over $10.4B" as a singular amount? Actually the subject is "options" so "wygasają" is fine. But the sentence: "Ponad 10,4 mld USD w opcjach BTC i ETH wygasa" - "wygasa" would be singular because the amount is singular? But we can say "wygasają" because it's the options that expire. Better: "Opcje BTC i ETH o wartości ponad 10,4 mld USD wygasają" - that's clearer. So title: "Opcje BTC i ETH o wartości ponad 10,4 mld USD wygasają, podczas gdy Bitcoin oscyluje w pobliżu max pain" But we have to keep it concise? Not necessarily. I'll use that. Alternatively, we can rephrase: "Wygasają opcje BTC i ETH o wartości ponad 10,4 mld USD, a Bitcoin w pobliżu max pain" - but that's less precise. I'll go with: "Opcje BTC i ETH o wartości ponad 10,4 mld USD wygasają, podczas gdy Bitcoin oscyluje w pobliżu max pain" Now content: We have

with

and

. We'll translate each. First paragraph: "On July 31, 2026, a massive options expiry hit the crypto market. 149,000 Bitcoin options and 435,000 Ethereum options expired, with a combined notional value of over $10.4 billion. Bitcoin was trading at $63,800, just below the $64,000 max pain level, while Ethereum sat around $1,890, near its $1,850 max pain." Translation: "31 lipca 2026 roku na rynek kryptowalut uderzyło ogromne wygaśnięcie opcji. Wygasło 149 000 opcji na Bitcoina i 435 000 opcji na Ethereum, o łącznej wartości nominalnej ponad 10,4 miliarda dolarów. Bitcoin handlowany był po 63 800 dolarów, tuż poniżej poziomu max pain wynoszącego 64 000 dolarów, podczas gdy Ethereum oscylowało wokół 1 890 dolarów, blisko swojego max pain na poziomie 1 850 dolarów." We need to keep numbers with commas? In Polish, we use spaces or periods for thousands? Actually, in Polish, we use spaces for thousands, and comma for decimal. So 149,000 -> 149 000, 435,000 -> 435 000, $63,800 -> 63 800 USD, $64,000 -> 64 000 USD, $1,890 -> 1 890 USD, $1,850 -> 1 850 USD. Also $10.4 billion -> 10,4 miliarda dolarów (but in Polish we use comma for decimal: 10,4 mld USD). So I'll adjust. Also "max pain" - we keep as "max pain" (it's a term). I'll use "poziomu max pain" and "max pain" as is. Second paragraph: "The Bitcoin options had a put/call ratio of 0.28, meaning calls outnumbered puts by a wide margin. That's a bullish skew — traders were betting on upside. The max pain price, where the most options expire worthless, sat at $64,000. Bitcoin's spot price of $63,800 was tantalizingly close, but not quite there. If the price had pushed above $64,000 by expiry, many call sellers would have been forced to deliver. It didn't." Translation: "Opcje na Bitcoina miały wskaźnik put/call na poziomie 0,28, co oznacza, że call'e znacznie przewyższały put'y. To byczy skos — traderzy stawiali na wzrosty. Cena max pain, przy której najwięcej opcji wygasa bezwartościowo, wynosiła 64 000 dolarów. Cena spot Bitcoina wynosząca 63 800 dolarów była kusząco blisko, ale nie do końca. Gdyby cena przed wygaśnięciem przekroczyła 64