Bitcoin Trading Address Adds About $1.6 Million to Long Position

Enna Lee

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Bitcoin Trading Address Adds About $1.6 Million to Long Position

The same address also closed a 104.81036 BTC long valued at about $8.7 million using a reference price.

By Enna Lee

Published Oct 21, 2026, 2:51 PM EDT

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An unmarked brass coin rests against a rising steel incline / TokenPost.ai

An address trading Bitcoin (BTC) added about $1.6 million to a long position and closed a 104.81036 BTC long valued at about $8.7 million using a reference price.

The closed long had a weighted average opening price of $82,971.69 per BTC and a weighted average closing price of $83,068.30. The difference between those prices was $96.61 per BTC.

The address, 0xf517639a8872e756ac98d3c65507d2ebc25cc032, had previously increased a Bitcoin short position to about $2.11 million on Oct. 19.

Enna Lee

Reporter

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