Ether Derivatives Account Reverses to $3.16 Million Short Position

A derivatives account reversed its Ether (ETH) position to a short worth about $3.16 million as of 7:51 p.m. ET Thursday, Nov. 5 (12:51 a.m. UTC Friday, Nov. 6). The short totaled 1,406.37 ETH, following a 1,010.24 ETH long. The account had cumulative profit of about $40.97 million. In the reporting window, the account closed about $4.22 million in ETH longs and opened about $5.17 million in ETH shorts. The address was 0xfc667adba8d4837586078f4fdcdc29804337ca06. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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