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Bitcoin Derivatives Account Closes $10.04 Million Short, Opens $11.97 Million Long

Average execution prices were $80,291 for the closed short and $79,810 for the new long.

Updated 1 min read
Editorial graphic shows Bitcoin derivatives exposure shifting from short to a larger long position. / TokenPost.ai
Editorial graphic shows Bitcoin derivatives exposure shifting from short to a larger long position. / TokenPost.ai

A Bitcoin (BTC) derivatives account closed a $10.04 million short and opened a larger $11.97 million long, reversing its position while carrying reported cumulative contract gains of about $21.89 million.

The address tied to the account was 0xbf732ea04197942783e34730ed6e0f6099575d58. Average execution prices were $80,291 for the closed short and $79,810 for the new long.

The account also showed about $21.89 million in cumulative contract gains.

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