"Strategy Counterparty" liquidates long positions in BTC and other tokens, switches to shorting DASH, with current unrealized profit reaching $1.26 million

Reported by Bijie Network: According to Bijie Network, on January 27, Coinbob Hot Address Monitoring showed that in the past hour, the "Strategy Counterparty" address (0x94d3…) increased its short position in DASH by approximately 26,000 tokens, equivalent to about $1.92 million. After this operation, its total DASH short position rose to about $8.92 million, with the average holding price dropping from $74.56 to $72.14. The current unrealized profit of this position is about $1.26 million (70%), with a liquidation price around $298. This address previously frequently conducted intraday swing trades of mainstream coins such as BTC and ETH at scales exceeding $100 million, but has not opened new positions for four consecutive days recently, shifting its trading focus to increasing DASH short positions. Since December last year, this address began building positions, with an initial account size of about $20 million, and subsequently increased short positions in mainstream coins such as BTC and ETH. As its trading direction is opposite to that of listed company MicroStrategy, which continues to buy BTC, this address is regarded by the market as a clear "on-chain counterparty" to MicroStrategy. It often opens positions in different directions multiple times, with large-scale positions in the hundreds of millions.