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Crypto account adds $4.59M to Bitcoin short position in under an hour

Technical Signals
14 Oct 2026
Tokenpost
View Source
Bearish
Crypto account adds $4.59M to Bitcoin short position in under an hour

A cryptocurrency derivatives account increased its Bitcoin short position by about $4.591 million within 49 minutes on October 14, raising the total short position to approximately $5.158 million. The position grew from around $567,000 between 5:24 a.m. and 6:13 a.m. ET. During this period, the account opened about $4.882 million in shorts and closed roughly $226,000, earning a small profit of about $669. This significant increase in short exposure indicates a bearish bet on Bitcoin's price in the near term.

Bitcoin's market cap stands at Rp29.933,57 trillion with a circulating supply of 20.1 million BTC, representing 96% of the total supply as of October 14, 2026, 17:44 WIB. On Pluang, Bitcoin trades at Rp1.493.877.974 with a slight 1-day decline of 0.22%. The platform shows a balanced order activity with 46% Sell and 54% Buy, and investors typically hold Bitcoin for about 111 days, providing context to the recent increase in short positions noted in the news.

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