A trader just invested $23,100 in contracts predicting a Bitcoin price of “$121,750 or above” on Oct 7, 2025, on Kalshi’s prediction market. This is one of the largest trades seen recently on the platform, with a 77% chance of success at the time of the trade. In the last day, 73,200 contracts have been traded in this market. The market rules state that the price will be determined by the average of sixty seconds of CF Benchmarks’ Bitcoin Real-Time Index before 5 PM EDT. This prediction market provides crucial insights into investor sentiment and expectations for cryptocurrency valuations, aiding decision-making for traders, analysts, and policymakers.

Read more at Quiver Quantitative: A Trader Just Bet $23,100 on Bitcoin Price Exceeding $121,750 by October 7, 2025