A crypto trading address reduced its short position in Ether (ETH) by 1,716.0488 ETH, equivalent to about $3.34 million, during the hour ending at 10:49 p.m. ET on Nov. 12. This cut lowered the short exposure to 32,850.75 ETH. The address, known by its contract account 0x5b5d51203a0f9079f8aeb098a6523a13f298c060, has accumulated a total profit of approximately $292 million. This move reflects active position management in the volatile crypto market.
Ether short seller's position cut by $3.34 million provides context for crypto market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 13, 2026 10:41 WIB: out of 50 major cryptocurrencies, 8 rose and 41 fell today. EOS gained 8.13% to Rp12,649 with a typical hold time of 87 days, while Bitcoin dropped 5.64% to Rp1,260,986,149 with 73% buy orders and a typical hold time of 113 days. Binance Coin fell 5.52% to Rp11,618,038 with 65% buy orders and a typical hold time of 91 days.
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