PANews reported on March 26 that, according to HyperInsight monitoring, a whale with the 0x74d entry point briefly closed all of its BTC short positions at an average price of approximately $69,929. This short position comprised 300 BTC, worth approximately $20.97 million, with an average entry price of $70,472.
After BTC fell below $70,000, the address chose to close out its short position, which had been held for 33 hours, and recorded a profit of approximately $265,000 in this transaction.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.