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Trader bets $4,381 on Bitcoin dropping to $65K or $70K by year-end amid a $365K loss on a short position.

Market News
14 Oct 2026
Tokenpost
View Source
Bearish
Trader bets $4,381 on Bitcoin dropping to $65K or $70K by year-end amid a $365K loss on a short position.

A trader increased bets on Bitcoin falling to $65,000 or $70,000 by the end of the year, adding about $4,381 to prediction-market contracts. The trader holds 136,100 shares on the $65,000 contract and 55,800 shares on the $70,000 contract, implying probabilities of 22.5% and 35.5%, respectively. Separately, the trader holds a 26.97 BTC short position on Hyperliquid with a notional value of approximately $2.25 million, currently showing an unrealized loss of about $365,200. These positions indicate the trader's bearish outlook on Bitcoin's price by year-end despite the ongoing loss on the leveraged short.

Bitcoin prediction-market bets on year-end price declines total $4,381 added by a trader increasing positions on contracts at $65,000 and $70,000 strike prices. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 14, 2026 14:02 WIB: out of 50 major cryptocurrencies, 10 rose and 39 fell today. Notable movers include COTI at Rp222 with a 1-day change of -3.98% and a Pluang order activity of 25% Sell / 75% Buy, XLM at Rp3,392 down 3.47% with 34% Sell / 66% Buy, and NEO at Rp42,599 down 3.32% with 0% Sell / 100% Buy. Typical hold times range from 84 to 121 days across these assets.

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