Bitcoin Address Closes About $96.58M in Longs, Holds About $3.54M Short

One Bitcoin (BTC) address closed about $96.58 million in long positions and shifted to a short during a roughly eight-hour period, with its latest snapshot showing about $3.54 million in short exposure.

The position changes took place from 12:51 p.m. to 9:17 p.m. ET Saturday, Nov. 14 (17:51 UTC Nov. 14 to 02:17 UTC Nov. 15). The address made multiple position openings and closures, including opening a short worth about $3.5 million.

A prior snapshot valued the address’s Bitcoin long positions at about $15.06 million. The figures describe one address’s positions.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].