21 million BTC short positions closed for profit, average closing price $69,929

2026-03-26 07:41:30

Mars Finance reports that on March 26, according to Hyperinsight monitoring, a whale starting with 0x74d closed all of its BTC short positions in a short-term move, with an average closing price of approximately $69,929. The short position was built with 300 BTC, worth about $20.97 million, with an entry price of $70,472. After BTC dropped below $70,000, this address chose to take profit and exit its position after holding it for 33 hours. The total profit from this trade was approximately $265,000.

BTC-3,35%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.