Someone Bet $3.17M on Bitcoin Price Rising—But Could Lose Big if BTC Hits $100K

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. A Multimillion-Dollar Bet With a Precise Destination The price of bitcoin reaching $100,000 for the first […]