# Trading Address Expands Bitcoin Short to $197.2 Million

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/35680
Published: 2026-10-20T13:22:07.000Z
Updated: 2026-10-20T13:22:07.000Z
Section: Investing

> The address added about $3.52 million to the position on Oct. 20. The account had more than $135 million in cumulative contract gains.

A trading address enlarged its Bitcoin (BTC) short by about $3.52 million early Tuesday, bringing the position near $197.2 million while the account held more than $135 million in cumulative contract gains.

The address, 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36, added to its existing short between 3:12 and 3:34 a.m. ET (07:12–07:34 UTC) on Oct. 20. Before the addition, the position was valued at roughly $194.2 million.

At 3:56 a.m. ET (07:56 UTC), the short was valued at about $197.2 million.