Traders of #Bitcoin are accumulating enormous bets that its price will exceed US$140,000 by the end of September. The cryptocurrency derivatives platform, Deribit, shows that the September call options have a value of over US$868 million at that strike price.

Calls are bullish bets that the price of the underlying asset will exceed the strike price at the expiration of the contract, which in this case is US$140,000 before September 26.