According to BitcoinWorld, an anonymous trader has placed a $1.76 billion Bitcoin call option, betting that BTC will reach between $100,000 and $118,000 by year-end. The position involves 20,000 BTC and uses a long call condor strategy with four strike prices. The trader expects BTC to stay within this range, offering defined risk and profit potential. Analysts are watching the move for signals on institutional confidence and market positioning.
Anonymous Trader Bets $1.76B on Bitcoin Reaching $100K-$118K
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