「Strategy Countertrade」 Whale Opens $340M Leverage Short on BTC

BlockBeats News, February 28, according to Coinbob Popular Address Monitor data, the "Strategy Whales" address (0x94d) opened a new 40x leverage BTC short position near an early price of about $65,270 in the early hours of today and added to its position again at 6:00 today. Currently, its BTC short position size has reached $34.3 million, with an average price of $65,300, a liquidation price of $84,200, and a floating loss of about $230,000 (-27%).

In addition, the address is currently the largest short seller of both on-chain BTC and DASH. Its DASH short position has recently reduced by more than half, with the remaining position still showing a floating profit of $4.1 million (581%), with an average price of $71.3.

This address is known for establishing a large-scale mainstream coin short position during the period of heavy BTC accumulation by the December-listed company MicroStrategy (code: MSTR), preferring contrarian trading to chase rallies and kill drops, and profit from swing trading.