The account showed about $38.19 million in cumulative contract losses. Its closed Bitcoin (BTC) short was worth about $7.68 million, not the loss on that trade.
Address 0x1f250df59a777d61cb8bd043c12970f3afe4f925 had no BTC position at 2:50 a.m. ET (07:50 UTC) Nov. 3. The short’s average execution price was $76,804.



