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Ether Account With $40.97 Million in Cumulative Profit Holds $3.16 Million Short

A Nov. 5 snapshot showed 1,406.37 Ether (ETH) short after the account had moved from a 1,010.24 ETH long, with about $4.22 million in longs closed and $5.17 million in shorts opened.

Updated 1 min read
A minimalist Ether derivatives graphic depicts a short position below a neutral baseline. / TokenPost.ai
A minimalist Ether derivatives graphic depicts a short position below a neutral baseline. / TokenPost.ai

A derivatives account with about $40.97 million in cumulative profit held a $3.16 million Ether (ETH) short in a Nov. 5 snapshot, after moving from a long position.

The snapshot, taken at 7:51 p.m. ET Nov. 5 (12:51 a.m. UTC Nov. 6), put the short at 1,406.37 ETH. The account had earlier held a 1,010.24 ETH long.

Over the measured period, it closed ETH long contracts worth about $4.22 million and opened ETH short contracts worth roughly $5.17 million. The account’s listed address was 0xfc667adba8d4837586078f4fdcdc29804337ca06.

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