A $3.2 million 'bitcoin butterfly' option trade bets on $95,000 by the end of October
Why now
Thesis: One large options bet signals some traders positioning for bitcoin upside.
Catalyst to watch: Bitcoin price action toward $95k by October.
Main risk: Single trade is weak evidence of broad sentiment.
Why it matters
A single options bet on $95k by October signals some traders positioning for upside, but one trade is weak evidence of broad sentiment.
Details
Your day-ahead look for Sept. 22, 2026
Sources
- coindesk · 2026-09-22 11:35 UTC