HuoXing Finance reports that on April 7, according to Hyperinsight monitoring, two whales (0x9ab and 0x01f), each holding approximately $14 million in BTC and ETH short positions respectively, nearly simultaneously closed out their entire positions within the past hour. Prior to this, both short positions had been significantly increased during the day. The BTC short was closed at an average price of approximately $69,683, resulting in a loss of about $165,000; the ETH short was closed at an average price of approximately $2,115, yielding a profit of about $65,000. After closing, neither address holds any remaining positions.
Two major BTC and ETH short positions, each worth $14 million, have been fully liquidated.
MarsBitShare
Summary
On April 7, BTC and ETH prices experienced significant short liquidations as two whale addresses (0x9ab and 0x01f) each closed $14 million positions. The BTC short was closed at $69,683, resulting in a $165,000 loss, while the ETH short closed at $2,115, yielding a $65,000 profit. Both addresses now hold no open positions.
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