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Bitcoin Long Exposure Falls by About $7.71 Million in Derivatives Account

The account had about $20.91 million in cumulative losses.

Updated 1 min read
In an editorial market graphic, a Bitcoin token sits beside a shortened long-position bar. / EconoTimes.ai
In an editorial market graphic, a Bitcoin token sits beside a shortened long-position bar. / EconoTimes.ai

The account associated with the address trimmed its long exposure to Bitcoin (BTC) by roughly $7.71 million.

The update time converts to 00:46 UTC on Nov. 3 from 7:46 p.m. ET on Nov. 2. The account had about $20.91 million in cumulative losses.

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