$BTC | A monitored account closed a short
Position change: about $840,400 notional.
Average execution price: 84,004.
The tracked position is now flat.
Account leverage: 30x. Notional value is not margin committed.
Market at posting (01:35 UTC): last price 83,974.7, 0.03% below the execution price of 84,004. 24h change +1.22%, range 82,594.8-84,875.2, turnover about $12.87B.
Perpetual funding rate -0.0004%, next settlement 08:00 UTC. Price sits at 61% of the 24h range, mid-range.
The position is closed, which is not the same as a reversal. The more useful signal is whether the account reopens, and in which direction.
Public account reference: 61e358. One account does not set market direction.
10-22 01:35 UTC
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