# Bitcoin Account Cuts 50 BTC Long as Cumulative Losses Reach About $20.84 Million By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/48723 Published: 2026-11-04T18:51:55.000Z Updated: 2026-11-04T18:51:55.000Z Section: Investing > It recorded about $3.87 million in closing trades at an average execution price of about $77,461.81 and retained a 300 BTC long. A crypto derivatives account tied to address 0x4044570e13b5184f7eb2709de25a4eb766a4794c reduced its Bitcoin (BTC) long by 50 BTC, leaving a 300 BTC position. The closing trades produced a loss of about $80,000. The account recorded about $3.87 million in closing trades during the observation window, at an average execution price of about $77,461.81. Its cumulative losses were about $20.84 million. The same address previously reduced [about $7.71 million from its BTC long on Nov. 2](). ## Links in this article - [about $7.71 million from its BTC long on Nov. 2](https://www.tokenpost.com/news/investing/47254)