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Crypto account cuts Bitcoin short exposure by $11.94M, closing $11.92M in shorts at $77,362 avg price.

Market News
31 Oct 2026, 16:42 WIB
Tokenpost
View Source
Neutral
Crypto account cuts Bitcoin short exposure by $11.94M, closing $11.92M in shorts at $77,362 avg price.

A crypto account reduced its Bitcoin short exposure by about $11.94 million, leaving 79.69 BTC short valued at approximately $6.17 million. During this transaction window, $11.92 million worth of Bitcoin shorts were closed at an average price of $77,362.13. Over the past 30 days, the account gained around $25.36 million but still shows an overall loss of roughly $18.79 million. This activity highlights significant short-term trading moves in the Bitcoin market.

The recent Bitcoin short position cut is presented here with Pluang's cryptocurrency market data for context. For readers following crypto, as of Oct 31, 2026 20:21 WIB, out of 50 major cryptocurrencies priced on Pluang, 32 rose and 17 fell. Notable movers include LINK (Chainlink) at Rp211,121 with a 1-day change of +5.03% and Pluang order activity of 95% Sell / 5% Buy, EGLD (MultiversX) at Rp60,963 with +3.53% and 39% Sell / 61% Buy, and GRT (The Graph) at Rp373 with +3.29% and 30% Sell / 70% Buy.

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