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Trading Address Adds $4.591 Million Net to Bitcoin Short Position

The position rose from about $567,000 to $5.158 million in 49 minutes on Oct. 14.

By Enna Lee
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A Bitcoin token rests beside a softly blurred trading terminal / TokenPost.ai
A Bitcoin token rests beside a softly blurred trading terminal / TokenPost.ai

A cryptocurrency derivatives account added about $4.591 million net to its Bitcoin (BTC) short position in 49 minutes on Oct. 14, bringing the position to roughly $5.158 million.

The account’s position rose from about $567,000 between 5:24 a.m. and 6:13 a.m. ET (9:24–10:13 UTC). It opened about $4.882 million in shorts and closed roughly $226,000 during that period, with the closed positions recording about $669 in profit.

The account address is 0xecb63caa47c7c4e77f60f1ce858cf28dc2b82b00.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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