Ether (ETH) Address Cuts $10.35 Million From Its Short Position

An address with more than $128 million in cumulative contract-account gains cut its Ether (ETH) short by about $10.35 million Saturday, taking a loss of about $207,000 on the portion closed. The reduction took place between 9:37 and 10:01 a.m. ET (13:37-14:01 UTC) on Oct. 17. At 10:11 a.m. ET (14:11 UTC), the remaining short was valued at about $198 million, down from roughly $208 million before the cut. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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