Someone Bet $3.17M on Bitcoin Price Rising—But Could Lose Big if BTC Hits $100K
WorldPing
A bitcoin options trader targeted a price of $95,000 by October 30, with $3.17 million paid upfront. A bigger rally could erase the position’s entire payout at expiry, however, creating an unusual predicament for someone betting on higher prices.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
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Brief by WorldPing · Original reporting by Bitcoin.com
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