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Trader closes $120M Bitcoin and Ether shorts, nets $2.75M profit with $2.8M unrealized gains still open

Market News
10 Nov 2026, 01:34 WIB
Tokenpost
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Neutral
Trader closes $120M Bitcoin and Ether shorts, nets $2.75M profit with $2.8M unrealized gains still open

A trader closed short positions on Bitcoin and Ether worth a combined $120.54 million, earning $2.75 million in profits. The Bitcoin short was valued at $97.3 million with $1.46 million profit, while the Ether short was $23.24 million with $1.29 million profit. The wallet still holds $25.55 million in open positions showing $2.8 million in unrealized gains. Over the past 30 days, the wallet has made $1.77 million in profit but has cumulative losses of $1.62 million.

The trader closing $120.54 million in Bitcoin and Ether shorts provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 10, 2026 06:51 WIB: out of 50 major cryptocurrencies, 36 rose and 13 fell today. Among notable movers, COMP rose 3.99% to Rp366,180 with a typical hold time of 99 days, COTI increased 3.56% to Rp175 with 60% buy orders and a 122-day hold time, and YFI gained 3.44% to Rp35,848,645 with a 94-day hold time.

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