ChainCatcher report, according to Hyperinsight monitoring, the "Strategy Counterparty" address (0x94d3…) rolled over its BTC and ETH short positions consecutively within approximately ten minutes, accumulating additional short positions of 214.60 BTC (approximately $14.51 million) and 3,488.85 ETH (approximately $6.69 million). The total short position size has thus increased to $130 million. Following this round of position increases, its BTC short position has risen to $81.31 million, with an average entry price lowered to $71,159.60, resulting in a current unrealized profit of $1.738 million (+85.53%), making it the largest long position on-chain for BTC; Its ETH short position has increased to $48.08 million, with an average entry price lowered to $2,198.89, resulting in a current unrealized profit of $1.023 million (+53.18%).
BTC's Largest Short Position Holder Adds $21.2M in BTC and ETH Short Positions During Pullback
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Summary
According to ChainCatcher, during a recent market pullback, the 'Strategy Opponent Position' address (0x94d3…) added $21.2 million in BTC and ETH short positions within ten minutes. Monitoring from Hyperinsight shows the address increased BTC shorts by 214.60 BTC ($14.51 million) and ETH shorts by 3,488.85 ETH ($6.69 million), bringing total short positions to $130 million. BTC short positions now stand at $81.31 million, with an average entry price of $71,159.60 and a floating profit of $1.738 million (+85.53%). ETH shorts reached $48.08 million, with an average entry price of $2,198.89 and a floating profit of $1.023 million (+53.18%). This movement underscores key support and resistance levels currently being tested as on-chain position trading strategies unfold.
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