One derivatives account's Bitcoin (BTC) short stood at 500 BTC after a 217.58 BTC addition, while cumulative losses neared $35.59 million; the figures describe one address, not the wider market.
The added position was valued at about $14.58 million. The $35.59 million figure reflects cumulative account losses and was not reported as a loss on the latest addition.
The account was tied to address 0x1f250df59a777d61cb8bd043c12970f3afe4f925. An earlier EconoTimes account reading showed no BTC position for the address at 2:50 a.m. ET Nov. 3.
The figures cover a single account; no marketwide total was provided. They do not establish the overall balance of Bitcoin derivatives positions.
