Huo Xing Finance reports that on August 4, according to on-chain analyst Aunt Ai (@ai_9684xtpa), a trader has sold a total of 2,709 BTC call options with a strike price of $70,000 expiring on September 25, representing a notional value of approximately $173 million—equivalent to a bet that BTC will not rise more than 9.5% over the next 52 days. The trader collected approximately $3.03 million in premiums. If the BTC price at expiration remains below $70,000, the entire premium will be retained; if the price rises significantly, the trader may face corresponding losses.
Trader Sells $173M in BTC Call Options, Bets Bitcoin Will Not Exceed $70K by September 25
MarsBitShare
Summary
A trader has sold 2,709 BTC call options with a strike price of $70,000 and an expiration date of September 25, 2026, representing a total notional value of $173 million. The trade collected $3.03 million in premium, which the seller retains if the BTC price remains below $70,000. This options activity reflects a bearish sentiment ahead of the 2026 expiration; a significant rise in BTC price could result in losses for the seller.
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