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Bitcoin derivatives account flips from $10M short to $12M long, netting $21.9M in gains.

Technical Signals
25 Oct 2026
Tokenpost
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Neutral
Bitcoin derivatives account flips from $10M short to $12M long, netting $21.9M in gains.

A Bitcoin derivatives account linked to a specific address shifted its position from a $10.04 million short to an $11.97 million long. The account closed the short position at an average price of $80,291 and opened the long at an average price of $79,810. This strategic move resulted in cumulative gains of approximately $21.89 million, highlighting significant profit from market timing. The address involved is 0xbf732ea04197942783e34730ed6e0f6099575d58.

Bitcoin derivatives position changes provide context for Pluang's cryptocurrency market snapshot as of Oct 26, 2026 09:21 WIB: out of 50 major cryptocurrencies priced on Pluang, only 6 rose while 42 fell. Among notable movers, ENJ dropped 3.27% to Rp441 with a dominant 99% buy order activity, contrasting with DOT's 3.19% decline to Rp18,377 and 88% buy activity. THETA also fell 3.09% to Rp3,294 with 87% buy orders, illustrating a broadly bearish market mood.

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