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Bitcoin

BTC Trading Address Raises Short Position to $2.11 Million After 12 Wins

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An address that won all 12 of its tracked Bitcoin (BTC) trading rounds from Sept. 18 through Oct. 13 increased its short position to about $2.11 million on Oct. 19. The position grew from about $680,000, an increase of roughly $1.43 million, between 1:04 p.m. and 9:20 p.m. ET on Oct. 19 (17:04 UTC Oct. 19 to 01:20 UTC Oct. 20). The address is 0xf517639a8872e756ac98d3c65507d2ebc25cc032. The address’s 100% win rate covers 12 Bitcoin trading rounds during the Sept. 18–Oct. 13 tracking period. The expanded short came after that period, so its outcome is not part of the 12-round record. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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