The largest BTC short seller, "Strategy Counterparty," increased its short positions by $21.2 million during the pullback.

Chainthink

Release Time: 03/19/2026 07:51:38

Summary

On March 19, the "Strategy Counterparty" address (0x94d3…) added $21.2 million in BTC and ETH short positions during a pullback, maintaining a strong risk-to-reward ratio. It rolled over its positions within ten minutes, adding 214.60 BTC ($14.51 million) and 3,488.85 ETH ($6.69 million). BTC short positions now total $81.31 million, with an average entry price of $71,159.60 and a floating profit of $1.738 million (+85.53%). ETH short positions stand at $48.08 million, with an average entry price of $2,198.89 and a floating profit of $1.023 million (+53.18%). This move aligns with key support and resistance levels.

ChainThink report, March 19: According to Hyperinsight monitoring, the "Strategy counterparty" address (0x94d3…) rolled over its BTC and ETH short positions continuously within approximately ten minutes, increasing its BTC short position by 214.60 BTC (approximately $14.51 million) and its ETH short position by 3,488.85 ETH (approximately $6.69 million). The total short position size has now expanded to $130 million.

After this round of averaging down, its BTC short position has increased to $81.31 million, with the average price lowered to $71,159.60, resulting in a current unrealized profit of $1.738 million (+85.53%), making it now the largest BTC bull on-chain;

The short position size for ETH has increased to $48.08 million, with the average price adjusted down to $2,198.89, resulting in a current unrealized profit of $1.023 million (+53.18%).

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