A Bitcoin short position valued at approximately $7.68 million was closed on November 3 at an average price of $76,804. The address involved had accumulated total losses of about $38.19 million on its contract account, reflecting significant losses over time. This closure marks the end of the position, with no Bitcoin held by the address as of 2:50 a.m. ET. The data highlights the risks and volatility involved in trading Bitcoin short positions.
The story about a Bitcoin short position closure near $7.68 million and account losses of about $38.19 million provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 03, 2026 14:31 WIB: out of 50 priced major cryptocurrencies, only 7 rose while 42 fell. Among notable movers, CRV dropped 6.01% to Rp4,692 with a typical hold time of 62 days and a 60% sell order activity, contrasting with LUNC which fell 5.36% to Rp0,727 but had a 72% buy order activity and a much longer typical hold time of 196 days. AAVE also declined 5.15% to Rp2,296,730 with a 74% sell order activity and a typical hold time of 106 days.
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