Bitcoin (BTC) Account Adds 217.58 BTC to Short With $35.59 Million in Losses

A crypto derivatives account increased its net short by 217.58 BTC, bringing the position to 500 BTC, while cumulative losses for the account stood at about $35.59 million.

The increase was valued at about $14.58 million. The listed address was 0x1f250df59a777d61cb8bd043c12970f3afe4f925.

The figures cover one address; no marketwide total was provided.

Enna Lee

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