BTC main force short covering to break even and placing an order at $79k, planning to re-enter short positions after the price moves upward.

BlockBeats News, April 24 — According to Hyperinsight monitoring, in the past half hour, multiple active BTC main short sellers (0x004) on the Hyperliquid market have closed their short positions near breakeven, with an average closing price of $77,936. Previously, their position size reached $15.58 million, with a small profit of $60k.

Subsequently, this address placed a limit sell order above the current BTC price at $79,000, with a size of 100 coins, approximately $7.9 million, planning to restart short positions once the price reaches this level.

Address: 0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8

BTC-0.46%
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