[BTC Major Short Position Reduced by $61 Million, Plans to Close Remaining Shorts if Price Rebounds to $74,900] BlockBeats News, April 20: According to monitoring by Hyperinsight, the address starting with 0x004 has been continuously reducing its BTC short positions today. As of one hour before press time, it has completed this round of profit-taking, closing positions totaling 808.8 BTC, approximately $61 million. Subsequently, the address placed a market buy order, planning to close the remaining $14.88 million position entirely if BTC price rebounds to $74,900. The average entry price for the position was $75,828, with current unrealized profit of approximately $280,000 (+38%). Address: 0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8