"Strategy Counterparty": After a pullback, long positions were closed at breakeven, with the scale of long positions temporarily decreasing by approximately $80 million.

BlockBeats News, January 12, according to monitoring by Hyperinsight, due to a short-term decline in BTC, the "Strategy Counterparty" whale address (0x94d) saw long positions in 7 major cryptocurrencies fall below their average holding prices. Subsequently, this address fully closed its XRP and SOL long positions and gradually reduced other positions. As of now, this address has cumulatively closed positions exceeding 80 million US dollars in a short period, with the total position size dropping from 351 million US dollars to 270 million US dollars.

This address began building positions in December last year, with an initial account size of about 20 million US dollars, and later gradually increased short positions in major cryptocurrencies such as BTC and ETH. Because its trading direction is completely opposite to that of the listed company MicroStrategy, which continues to increase its BTC holdings, this address is regarded by the market as its clear "on-chain counterparty."

The current main holdings of this address are:

BTC 20x (long), quantity: 1,712 coins, position amount: 160 million US dollars, current loss: 260,000 US dollars, current price: 91,000 US dollars, liquidation price: 75,000 US dollars;

ETH 20x (long), quantity: 29,000 coins, position amount: 90 million US dollars, current loss: 170,000 US dollars, current price: 3,117 US dollars, liquidation price: 2,194 US dollars.