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Bitcoin Address Cuts Short by 180.8 BTC, Retains 3.15 BTC

The reduction was valued at about $14.1 million at the snapshot reference price. The address’s contract account showed about $31.86 million in cumulative profit.

By Enna Lee
Published
Mentioned assets
A brass token rests on the lowered pan of a balance scale / TokenPost.ai
A brass token rests on the lowered pan of a balance scale / TokenPost.ai

The crypto address 0xfc667adba8d4837586078f4fdcdc29804337ca06 cut its Bitcoin (BTC) short by 180.8 BTC Friday, lowering its snapshot exposure by about $14.1 million while leaving 3.15 BTC in the position.

The change was timestamped at 5:11 a.m. ET (09:11 UTC) Friday, Oct. 30. The address’s contract account showed about $31.86 million in cumulative profit.

During the tracking window, the account closed about $6.47 million in BTC shorts and opened about $260,000 in BTC shorts. Those activity totals accompanied the reported remaining short position of 3.15 BTC.

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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