Options trader bets BTC stays below $70K through Sept. 25

August 04, 2026, 2:28 AM

A large options trader has sold $173 million worth of Bitcoin call option contracts, betting BTC will not break above $70,000 before Sept. 25, according to ai_9684xtpa. If Bitcoin fails to rise past the $70,000 strike price by expiry, the trader will keep $3.03 million in option premium.

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