$68 million bitcoin bet targets $90,000 breakout after midterm elections
A trader has placed a $68 million bitcoin bet that positions for a breakout to $90,000 following the U.S. midterm elections. The wager is a directional call that hinges on post-election market conditions fueling a rally in BTC. Traders would watch whether this large position reflects broader institutional conviction or adds to volatility around the election catalyst.