<ul><li>A trader has placed a massive options bet on Bitcoin, targeting a $60,000 price level for the cryptocurrency.</li><li>This bearish bet represents deep pessimism about Bitcoin's short-term prospects amidst macroeconomic uncertainties.</li><li>The investor purchased Bitcoin puts with a notional value of almost $100 million, indicating extreme risk hedging or highly leveraged speculation.</li><li>Traders are paying hefty premiums for put options, reflecting a cautious outlook due to the uncertainty surrounding Bitcoin's near-term outlook.</li></ul>

Trader Wagers Almost $100M on Bitcoin Dropping to $60K

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