Investment
Features
FeesSafety
Academy
More
Pluang+

Trader bets $3.17M on Bitcoin hitting $95K by Oct 30 but risks total loss if BTC hits $100K or more.

Technical Signals
22 Sep 2026
Bitcoin
View Source
Neutral
Trader bets $3.17M on Bitcoin hitting $95K by Oct 30 but risks total loss if BTC hits $100K or more.

A bitcoin options trader paid $3.17 million upfront for a position betting that bitcoin's price will reach $95,000 by October 30. This position, structured as a "long call butterfly," profits most if BTC hits exactly $95,000 but loses value if the price goes beyond $100,000, potentially wiping out the entire initial payment. This unusual bet means the trader could lose money even if bitcoin rallies strongly, highlighting the importance of both price and timing in options trading. The outcome depends on the October 30 settlement price, and the trader may have other positions not disclosed that affect their overall outlook.

Bitcoin options trading is the subject, with Pluang market data as context for readers. As of Sep 23, 2026 01:51 WIB, among 50 major cryptocurrencies priced on Pluang, 39 rose and 10 fell today. Notable movers include UNI at Rp165.161 with a 6.32% increase, XRP at Rp28.317 up 5.58%, and GRT at Rp439 rising 5.48%.

More News

Royal Caribbean nears $3B deal for 50% stake in Sandals, valuing it at $6B

Royal Caribbean nears $3B deal for 50% stake in Sandals, valuing it at $6B

Royal Caribbean is close to securing a $3 billion deal to acquire a 50% equity stake in Sandals, valuing the Caribbean resort chain at $6 billion. This move aims to expand Royal Caribbean's presence in land-based vacations, complementing its cruise b...

Market News
Bearish
4 hours ago
Moov launches Moov Money, a P2P payment solution using Visa and Mastercard debit cards without app requirements.

Moov launches Moov Money, a P2P payment solution using Visa and Mastercard debit cards without app requirements.

Moov has introduced Moov Money, a real-time peer-to-peer payment service developed with Visa and Mastercard. This solution allows users to send and receive money through their digital banking provider using any eligible Visa or Mastercard debit card,...

Market News
Bullish
4 hours ago
Sui Mainnet launches GraphQL subscriptions for real-time blockchain data streaming

Sui Mainnet launches GraphQL subscriptions for real-time blockchain data streaming

Sui has introduced GraphQL subscriptions on its Mainnet, enabling developers to stream real-time blockchain data such as checkpoints, transaction blocks, and events through a single WebSocket interface. This upgrade replaces the older JSON-RPC system...

Protocol Fundamentals
Bullish
4 hours ago
Most altcoin holders face losses as Bitcoin outperforms with 28% gain over two years.

Most altcoin holders face losses as Bitcoin outperforms with 28% gain over two years.

Only 36 of the top 100 altcoins currently show profits for holders, while Bitcoin has risen about 28% in the past two years. The altcoin market has struggled since an October 2025 liquidation event, with many tokens trading well below their 200-day a...

Market News
Bearish
4 hours ago
Apple plans a new screen-less fitness tracker to rival Whoop, launching possibly by 2028.

Apple plans a new screen-less fitness tracker to rival Whoop, launching possibly by 2028.

Apple is developing a new screen-less fitness tracker, described as a thin fabric band with sensors, to compete with Whoop. The product is still in the exploratory phase, with prototypes made, and is not expected to launch before 2028. This new devic...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App