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A crypto address cut its Bitcoin short position by $30M, securing $20M in profits.

Market News
12 Nov 2026, 04:55 WIB
Tokenpost
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Neutral
A crypto address cut its Bitcoin short position by $30M, securing $20M in profits.

A cryptocurrency address reduced its Bitcoin short position by approximately $30.09 million. At the same time, the address reported a total profit of about $20.12 million. This move indicates a significant adjustment in the holder's trading strategy, potentially reflecting changes in market outlook or risk management. The specific address involved is 0xbf732ea04197942783e34730ed6e0f6099575d58.

The Bitcoin address cutting its short position by about $30.09 million provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, as of Nov 12, 2026 09:41 WIB, 19 out of 50 priced assets rose while 30 fell. Notable movers include ENJ at Rp409 with a 1-day change of -3.81%, LUNC at Rp0,682 with a -3.78% change, and BAT at Rp2.138 with a -3.68% change.

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