[BTC Short Position Worth $21 Million Closed at an Average Price of $69,929] BlockBeats News, March 26: According to monitoring by Hyperinsight, the whale address starting with 0x74d closed all its BTC short positions in a short period, with an average closing price of approximately $69,929. The short position was initially established with a scale of 300 BTC, equivalent to around $20.97 million, at an average opening price of $70,472. After BTC fell below $70,000, the address opted to close the short position, which had been held for 33 hours, securing a profit of approximately $265,000 from this transaction.