A trader recently made a $20,739 bet against a Bitcoin price range of “$122,000 to 122,249.99” on Oct 8, 2025, on Kalshi’s prediction market. This is one of the largest trades seen in the last day, with 34,093 contracts traded in total. The market rules state that if the average of CF Benchmarks’ Bitcoin Real-Time Index falls within the specified range at 1 PM EDT on Oct 8, 2025, the bet will pay off. This prediction market provides valuable insights into Bitcoin’s future valuation, allowing investors to gauge market sentiment more effectively than traditional methods.

Read more at Quiver Quantitative: A Trader Just Bet $20,739 Against Bitcoin Price Range of $122,000 to $122,249.99 on October 8, 2025