21M BTC Shorts Take Profit and Close Position at an Average Price of $69,929

BlockBeats News, March 26, according to Hyperinsight monitoring, a whale starting with 0x74d briefly liquidated its BTC short position, with a liquidation price of approximately $69,929. The short position was 300 BTC, equivalent to around $20.97 million, with an entry price of $70,472.

After BTC dropped below $70,000, the address chose to take profit and exit the short position held for 33 hours, realizing a profit of about $265,000 in this transaction.