21 million BTC short position holders take profits and exit, average closing price $69,929

BlockBeatNews

2026-03-26 06:51:42

BTC-3.1%

BlockBeats News, March 26 — According to Hyperinsight monitoring, a whale starting with 0x74d closed all of its BTC short positions in a short period, with an average closing price of approximately $69,929. The short position was built with 300 BTC, worth about $20.97 million, with an opening average price of $70,472.

After BTC dropped below $70,000, this address chose to take profit and exit its short position, which had been held for 33 hours. The total profit from this trade was approximately $265,000.

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