Bitcoin Trader Books $79,600 as Short Position Falls to 85 BTC

Trader 58bro.eth booked about $79,600 by trimming a Bitcoin (BTC) short over the weekend, while keeping $19.22 million in combined BTC and Ether (ETH) shorts open ahead of the U.S. October consumer price index report due Tuesday. The BTC short fell from 88 BTC to 85 BTC. As of Nov. 9, the remaining position was valued at about $6.37 million, with an average entry price of $77,582.60. The trader also held a short position in 6,000 ETH, worth about $12.85 million at an average entry price of $2,429.43. The combined shorts showed about $1.96 million in unrealized profit.