Bitcoin Long and Short Position Costs Converge Within $1,000

Bitcoin (BTC) traded near $81,856 on Oct. 22 as October price swings narrowed from September and reported cost levels for large long and short positions came within $1,000 of one another. The snapshot covered 351 accounts, each with a single-coin position worth more than $1 million. Long positions totaled about $1.188 billion across 195 accounts, while short positions totaled about $1.395 billion across 156 accounts. The counts and totals cover the identified accounts above the $1 million threshold. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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