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Address with $149m profit trims BTC short by about $51.3m

NewsFeeds update

An address with cumulative contract profits of about $149m closed 660.40951 BTC of short positions worth about $51.3m at an average of about $77,664 between 16:56 and 18:22 on 30 Oct. It still holds a short of 1,818.0894 BTC, worth about $141m.

BitcoinOdailyAIBullish

Read the original on Odaily

The story so far: Large BTC short position adjustments

An account with over $172m in cumulative gains cut its BTC short by about $4.99m on 14 Oct. On 19-20 Oct an address with over $126m in profits added about $10.2m to its short, lifting it to about $37.5m. On 9 Nov an address with an 83% BTC win rate added 100 BTC to its short, bringing it to 200 BTC worth about $14.9m.

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  1. Address with $149m profit trims BTC short by about $51.3m

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.