Bitcoin traders place $2.9 million bet on a rapid price jump above $82,000
CoinDesk· Omkar Godbole· Aug 25, 2026 · 5:51 AM

Traders are spending millions to position for further Bitcoin upside after its staggering rally to $80,000, though demand for downside protection remains firm, according to Laevitas.
This is a summary. Read the complete story at CoinDesk below.
Read full article at CoinDeskRelated Stories

cryptoabout 7 hours ago
Crypto for Advisors: Where investors stake crypto shapes how much of the reward they keep
CoinDesk

cryptoabout 9 hours ago
Gate CEO says crypto exchanges must prove they can survive a hack like Binance’s
Lin Han says Gate holds enough assets in cold storage to cover customer balances even if its hot wallets are emptied. An independent audit is underway.
CoinDesk

cryptoabout 9 hours ago
Kraken parent Payward and its clients buy AAVE tokens in DeFi investment push
The investment follows talks first reported by CoinDesk in June that included a proposed equity stake in Aave Group.
CoinDesk