「Strategy Opponent Liquidation」 reduced positions to take profits in multiple coins such as SOL and ZEC, currently exiting with over $4 million USD
BlockBeats News, January 9th, according to data, the 「Strategy Whales' Opposite-position」 address (0x94d) has been continuously reducing part of its long positions, involving multiple coins such as SOL, ZEC, PUMP, and HYPE. As of now, the address has closed out approximately $4 million in positions, reducing its total holdings to around $352 million, and is still in the process of reducing positions at the time of writing. Among them, all HYPE long positions have been closed.
The address started accumulating positions in December last year, with an initial account size of around $20 million, gradually increasing short positions in mainstream coins such as BTC and ETH. Due to its contrary direction to MicroStrategy, a publicly traded company that has been continuously buying BTC, in the market's view, this address is seen as MicroStrategy's explicit 「on-chain opponent」.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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