Data: "Strategy counterparty" long positions closed at breakeven after a drawdown, with the scale of long positions briefly decreasing by about 80 million US dollars.
ChainCatcher news, according to monitoring by Hyperinsight, due to a short-term decline in BTC, the "Strategy Counterparty" whale address (0x94d) saw all long positions in 7 major cryptocurrencies fall below their average entry prices. Subsequently, this address fully closed its XRP and SOL long positions and gradually reduced other holdings. As of now, this address has cumulatively closed over 80 million USD in a short period, with total holdings dropping from 351 million USD to 270 million USD.
This address began building positions in December last year, with an initial account size of around 20 million USD, and subsequently 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 continuously increases 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), amount: 1,712 coins, position value: 160 million USD, current loss: 260,000 USD, current price: 91,000 USD, liquidation price: 75,000 USD;
ETH 20x (long), amount: 29,000 coins, position value: 90 million USD, current loss: 170,000 USD, current price: 3,117 USD, liquidation price: 2,194 USD.
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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