Crypto Address Cuts Bitcoin (BTC) and Ether (ETH) Shorts by About $8 Million

Enna Lee

1 min read

Crypto Address Cuts Bitcoin (BTC) and Ether (ETH) Shorts by About $8 Million

Its Bitcoin short fell from 1,379.42 BTC to 1,319.77 BTC, while its contract account showed about $302 million in cumulative profits.

By Enna Lee

Published Nov 14, 2026, 4:02 AM EST

Mentioned assets

BTC Bitcoin
ETH Ethereum

A hand lifts one metal token from a precision balance / TokenPost.ai (macro)

A crypto address reduced its Bitcoin (BTC) and Ether (ETH) short positions by about $8 million combined, including a 59.65 BTC reduction in its Bitcoin short.

The BTC short fell from 1,379.42 BTC to 1,319.77 BTC. The reduction was valued at about $4 million. The address also trimmed its Ether short by about $4.01 million.

The address’s contract account showed about $302 million in cumulative profits. That figure is an account total, separate from the value of the positions cut. The address was 0x5b5d51203a0f9079f8aeb098a6523a13f298c060.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.