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Derivatives Account Cuts Bitcoin (BTC) Long by About $7.71 Million

TokenPost·November 3, 2026·1 min read
Derivatives Account Cuts Bitcoin (BTC) Long by About $7.71 Million

A derivatives account cut its Bitcoin long by about $7.71 million, with cumulative losses reaching $20.91 million as of 7:46 p.m. ET Monday, Nov. 2. The reduction reflects a significant position adjustment amid ongoing market volatility, highlighting the risks faced by leveraged traders in the current BTC environment.

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