On March 26 (UTC+8), according to HyperInsight monitoring, a whale starting with 0x74d briefly closed all of its BTC short positions at an average closing price of approximately $69,929. The initial short position was 300 BTC, equivalent to approximately $20.97M, with an average opening price of $70,472.
After BTC fell below $70,000, the address chose to take profit and exit the short position, which had been held for 33 hours, recording a total profit of approximately $265,000.0.
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