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

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/47254
Published: 2026-11-03T03:49:16.000Z
Updated: 2026-11-03T03:49:16.000Z
Section: Investing

> 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.

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).