21 million BTC short positions closed with profit, average liquidation price $69929

On March 26, according to HyperInsight monitoring, a whale address starting with 0x74d briefly closed all its BTC short positions, with an average closing price of approximately $69,929. The short position was opened with 300 BTC, valued at approximately $20.97 million, at an average opening price of $70,472. After BTC fell below $70,000, the address chose to take profit on its short position, which had been held for 33 hours. This transaction recorded a profit of approximately $265,000.