A $3.2 million Bitcoin butterfly options wager targets $95,000 by October’s close
On September 22, 2026, a striking options strategy surfaced in the cryptocurrency derivatives market, drawing attention from traders, analysts, and enthusiasts alike. An investor or a group of investors allocated roughly $3.2 million to a sophisticated "butterfly" spread built around Bitcoin (BTC), with the explicit aim of profiting if the digital asset’s price settles near $95,000 by the end of …
Sept. 22, 2026, 11:35 a.m.