Two major whales on the chain, one holding BTC and the other ETH, both closed their short positions simultaneously, each with a scale of $14 million.

BlockBeats message, April 7, according to Hyperinsight monitoring, two giant whales (0x9ab and 0x01f) that held approximately $14 million in BTC short positions and $165k in ETH short positions on-chain respectively, completed closing of all positions nearly simultaneously within the past 1 hour. Previously, both short positions were significantly increased during the day.

Among them, the BTC short position closing average price was approximately $69,683, recording a loss of approximately $165k; the ETH short position closing average price was approximately $2,115, with a profit of approximately $65k. After the positions were closed, the two addresses currently have no positions remaining.