Trading Address Expands Bitcoin Short to $197.2 Million
Photo: TokenPost
A trading address enlarged its Bitcoin (BTC) short by about $3.52 million early Tuesday, bringing the position near $197.2 million while the account held more than $135 million in cumulative contract gains. The address, 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36, added to its existing short between 3:12 and 3:34 a.m. ET (07:12–07:34 UTC) on Oct. 20. Before the addition, the position was valued at roughly $194.2 million. At 3:56 a.m. ET (07:56 UTC), the short was valued at about $197.2 million. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
