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Crypto address cuts Bitcoin short position by 180.8 BTC, reducing exposure by $14.1M

Market News
30 Oct 2026, 12:34 WIB
Tokenpost
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Neutral
Crypto address cuts Bitcoin short position by 180.8 BTC, reducing exposure by $14.1M

A crypto address reduced its Bitcoin short position by 180.8 BTC on October 30, lowering its exposure by about $14.1 million and leaving a remaining short of 3.15 BTC. The address's contract account showed a cumulative profit of approximately $31.86 million. During this period, it closed $6.47 million in BTC shorts and opened $260,000 in new shorts. This move reflects active management of the position amid market fluctuations.

Bitcoin short position reduction by 180.8 BTC is notable in this update. For readers following the cryptocurrency market, here is Pluang's market snapshot as of Oct 30, 2026 15:51 WIB: out of 50 major cryptocurrencies priced on Pluang, 3 rose and 46 fell today. Among them, COTI fell 8.67% to Rp167 with 18% Sell / 82% Buy order activity, AXS declined 8.32% to Rp15,437 with 43% Sell / 57% Buy, and THETA dropped 8.20% to Rp2,889. Typical hold times range from 63 to 122 days.

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