"Strategy Opponent" drops below the average price and sharply cuts positions by 48%, with long positions decreasing from 350 million to 180 million USD.

BTC3,32%
ETH2,36%

BlockBeats News, January 9 — According to Coinbob’s popular address monitoring, influenced by BTC’s brief drop below $90,000, the “Strategy Counterparty” whale address (0x94d) closed 4 long positions in a short period and continued to significantly reduce its BTC and ETH long holdings. As of now, this address has closed over $170 million in positions within 1 hour, with total holdings decreasing from $352 million to $180 million. The specific position changes are as follows:

15x BTC long: position size decreased from $137 million to $31.27 million, average price $90,100;

15x ETH long: position size decreased from $137 million to $100 million, average price $3,092;

This address started building positions in December last year, initially with an account size of about $20 million, then gradually added to short positions in mainstream coins like BTC and ETH. Due to the opposing operational direction to MicroStrategy, a listed company continuously buying BTC, this address is viewed by the market as its clear “on-chain counterparty.”

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