$2.5B Options Bet Targets $70K as AlphaPepe's Presale Window Narrows

A massive $2.5 billion Bitcoin options bet is targeting a price of $70,000, which could put significant pressure on the market if it comes to fruition.

The large cluster of options buyers is betting that the price will move towards $70,000, but this also means that traders may unwind their positions if the price stays below the target as expiration approaches.

Meanwhile, AlphaPepe is offering a separate investment opportunity with its Stage 19 presale, which has seen ten price increases and is currently priced at $0.02335. The project's products, including AlphaSwap and AlphaRouter, are live, but the public market will soon determine their value.