# Bitcoin Address Cuts Short by About $9.3 Million in 11 Hours

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/51547
Published: 2026-11-08T11:04:11.000Z
Updated: 2026-11-08T11:04:11.000Z
Section: Investing

> The address reduced its short by 123.51378 BTC and still held 51.5341 BTC, valued at about $3.91 million.

An address with an 80% win rate across five Bitcoin (BTC) trading rounds reduced its short by 123.51378 BTC over nearly 11 hours ending Nov. 6, cutting the position by about $9.3 million.

The short fell from 175.04788 BTC at 10:43 p.m. ET Nov. 5 to 51.5341 BTC at 9:41 a.m. ET Nov. 6. The remaining position was valued at about $3.91 million.