Odaily monitoring data shows that a contract account tied to a single address has accumulated losses of about $26.24 million. Between 22:16 and 22:52 on Oct. 16, 2026, the address shifted its BTC net exposure from a roughly $3.018 million short position to a roughly $558,000 long position. During that window, it closed about $3.427 million in short positions and about $16,000 in long positions, while opening about $574,000 in new long positions and about $406,000 in new short positions. The loss from this round of position closing was about $7,359. The tracked address is 0x7b7f72a28fe109fa703eeed7984f2a8a68fedee2. The figures were reported by Odaily.
Odaily monitoring data showed that a contract account associated with one address has posted cumulative losses of about $26.24 million.
From 22:16 to 22:52 on Oct. 16, 2026, the address changed its BTC net position from a roughly $3.018 million short to a roughly $558,000 long.
Position changes during the period
During that stretch, the address closed about $3.427 million in BTC short positions and about $16,000 in long positions. It also opened about $574,000 in long positions and about $406,000 in short positions. The loss from this position closing came to about $7,359.
Address: 0x7b7f72a28fe109fa703eeed7984f2a8a68fedee2
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
