Two major traders on Deribit face potential losses of $8.2 million in premiums as their Bitcoin call options are set to expire today. The first trader purchased 3,000 call options for Bitcoin at $100,000, expiring on January 30, 2026, costing $2.86 million. The second trader acquired 1,300 call options for $100,000 expiring on February 27, 2026, and 2,400 call options for $98,000 expiring today, with a total premium of $10.22 million. If Bitcoin does not reach these strike prices, the traders stand to lose their premiums, with the first expiration occurring this afternoon.