The strategy bets on a measured rally into the year-end, rather than a record-breaking surge.
https://www.coindesk.com/markets/2025/11/25/the-usd1-7b-bitcoin-bet-on-rally-above-usd100k-but-not-reaching-new-record-highs
The $1.7B Bitcoin Bet on Rally Above $100K, But Not Reaching New Record Highs

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