
Trader places $3.17M bullish bitcoin bet expiring October 30
- —The bullish BTC bet totals $3.17 million
- —The position expires on October 30
- —Target level is set at $95,000
- —A move to $100,000 could erase the full stake
Why it matters: The large options position shows how hedging structures can cap gains even during a sharp BTC rally.
Source: Cointribune
More on this
Regulation · 17:29Russia's Finance Ministry says crypto investors near 20 million with $44B in assets
Exchanges · 16:44Strive CRO says firm can double bitcoin holdings every 12 weeks
Macro · 15:57BlackRock Says AI Agents Need 'Machine-Native Money': Stablecoins to Spend, Bitcoin to Save