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Bitcoin Address Closes $10 Million Short and Opens $12 Million Long

The contract account had about $21.89 million in cumulative gains.

Mentioned assets
An unmarked brass coin tilts upward across a steel pivot / TokenPost.ai
An unmarked brass coin tilts upward across a steel pivot / TokenPost.ai

A Bitcoin (BTC) derivatives account tied to one address shifted from a $10.04 million short to an $11.97 million long, while its cumulative gains stood at about $21.89 million.

The account closed the short at an average execution price of $80,291 and opened the long at an average of $79,810.

The address is 0xbf732ea04197942783e34730ed6e0f6099575d58.

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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