ChainThink report, March 19: According to Hyperinsight monitoring, over the past six hours, the "Strategy Counterparty" address (0x94d) closed all its long positions in CL (WTI Crude Oil) and NATGAS (U.S. Natural Gas), realizing profits from the oil and gas price surge driven by geopolitical tensions.
Subsequently, the address increased its margin on BTC and ETH short positions with the released collateral. At that time, BTC was trading at approximately $71,000, lowering the average price of both short positions; the combined current position size for BTC and ETH shorts has reached $105 million.
Due to Brent crude's significantly higher intraday gain compared to WTI, this address still holds approximately $4.32 million in Brent crude long positions and has not fully exited its energy position. This shift in positioning may reflect an expectation that the price impact of the U.S.-Iran conflict on energy markets has already been fully priced in, that the short-term peak may be near, and that risk assets could face a correction.