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Data: A major BTC whale unwound their position, closing with a break-even, with a short position of 13.2 million USD.
Mars Finance News: according to Hyperinsight monitoring, an on-chain major BTC short position (0x004) briefly fell into unrealized losses today. As the BTC price pulled back below its cost line, a window opened for shorts to be closed. The whale then continued to reduce its holdings.
As of 10 minutes before the time of publication, it had completely closed out all positions and exited the market, with an average closing price of $77,893. Compared with the average entry price of $78,000, it made a modest profit of about $41,000. Previously, the position size was 170 BTC, worth approximately $13.26 million.