Contract account tied to one address posts over $126 million in cumulative profit, adds $4.63 million to BTC short

Contract account tied to one address posts over $126 million in cumulative profit, adds $4.63 million to BTC short

N
News Editor
2026-10-20 05:47:48
Market information cited by ChainCatcher said a contract account linked to one address has recorded more than $126 million in cumulative profit. Between 09:41 and 13:42 on Oct. 20, 2026, the account added roughly $4.63 million to its Bitcoin short position. Over that period, the value of the BTC short increased from about $32.79 million to about $37.50 million. The address identified in the update is 0x7fdafde5cfb5465924316eced2d3715494c517d1. The report did not provide further details beyond the address and position changes.

ChainCatcher, citing market data, said a contract account tied to one address has piled up more than $126 million in total profit.

Between 09:41 and 13:42 on Oct. 20, 2026, that address increased a BTC short position by roughly $4.63 million. Over that same stretch, the BTC short’s value climbed from about $32.79 million to about $37.50 million.

The address is 0x7fdafde5cfb5465924316eced2d3715494c517d1.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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