A certain trader bucked the trend by increasing their BTC holdings, predicted a drop to $70,000 by year-end, and held a $2.25 million short position.

October 14th, according to TradingBeats monitoring, against the backdrop of widespread market expectations for a pause in rate hikes in October, cross-market trader greater-fools is still increasing bets on BTC downside.

Since yesterday, the account has invested approximately $4,381 in total, adding two new BTC downside predictions on the prediction market:

- "BTC falls to $65,000 before year-end" Yes: added approximately 11,000 shares, invested approximately $2,639; current total position approximately 136,100 shares, implied probability approximately 22.5%, position value approximately $30,600.

- "BTC falls to $70,000 before year-end" Yes: added 4,510 shares, invested approximately $1,742; current total position approximately 55,800 shares, implied probability approximately 35.5%, position value approximately $19,800.

Meanwhile, the account still holds 26.97 BTC short positions on Hyperliquid, with a notional value of approximately $2.2528 million, average price approximately $69,962, currently showing an unrealized loss of approximately $365,200.

After tonight's US September CPI release, if inflation comes in higher than expected and drives the market to reprice the tightening path, it could become a source of short-term pressure on BTC.