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Derivatives Account Cuts Bitcoin (BTC) Long by About $7.71 Million

The account’s cumulative losses stood at about $20.91 million. The update carrying the figures was timestamped 7:46 p.m. ET Monday, Nov. 2.

By Enna Lee
Published
Mentioned assets
A plain brass token balances against an empty metal pan. / TokenPost.ai
A plain brass token balances against an empty metal pan. / TokenPost.ai

A crypto derivatives account tied to address 0x4044570e13b5184f7eb2709de25a4eb766a4794c reduced its Bitcoin (BTC) long position by about $7.71 million. Cumulative losses for the account stood at about $20.91 million.

The update carrying the figures was timestamped 7:46 p.m. ET Monday, Nov. 2 (00:46 UTC Tuesday, Nov. 3).

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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