"Strategy Opponent" adds more than $60 million in long positions, bringing the total holdings back to $315 million.

ETH-4,59%
BTC-3,81%
SOL-4,57%

BlockBeats News, January 12 — According to Coinbob’s popular address monitoring, the “Strategy Opponent” whale address (0x94d) has adjusted its positions again in recent hours, continuously increasing its long positions in mainstream cryptocurrencies such as ETH and BTC. Its total holdings have risen from approximately $250 million at 10 a.m. today to currently $315 million, an increase of over $60 million.

This address closed its ETH, BTC, and SOL short positions at around 4 a.m. today to break even, then reversed and opened long positions around $90,600 in BTC, gradually adding to multiple mainstream coins. As of press time, it holds long positions in 7 major cryptocurrencies with a total size of about $315 million, making it the largest long position in BTC on the Hyperliquid platform. The specific position changes over the past 4 hours are as follows:

20x BTC long position: position size increased from $121 million to $157 million, average price $90,800, floating profit $1.86 million;

20x ETH long position: position size increased from $70 million to $91 million, average price $3,123, floating profit $950,000;

20x SOL long position: position size reached $33.14 million, average price $138, floating profit $1.03 million;

This address started building its position in December last year with an initial account size of about $20 million, then gradually added to short positions in BTC, ETH, and other mainstream coins. Due to its operational direction being opposite to that of the listed company MicroStrategy, which continuously buys BTC, the market views this address as its clear “on-chain opponent.” Recently, it has repeatedly reversed its positions to large long positions, with holdings reaching over one hundred million dollars.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Grayscale transfers 1,628 ETH and nearly 265 BTC to a certain CEX

Gate News Report, March 7th, Arkham monitoring shows that approximately 10 hours ago, Grayscale transferred 1628 ETH (worth $3.29 million) and 264.974 BTC (worth $18.31 million) to a certain CEX address.

GateNews3m ago

Bitcoin Investment: Data Shows No Profit for 3+ Years

Bitcoin (CRYPTO: BTC) has long carried a reputation for punishing late entrants, with double-digit drawdowns that test even patient investors. Yet a closer look at cycle-era history suggests that time, not timing, often determines whether red ink becomes green in the long run. Across

CryptoBreaking40m ago

CleanSpark Sells 553 BTC for $36.6M in February as Miners Dump Bitcoin

Bitcoin (CRYPTO: BTC) miners faced a dual dynamic in February: cash-flow optimization through asset sales alongside aggressive capacity expansion to support AI-enabled data-center workloads. CleanSpark reported selling 553 BTC from its February production for roughly $36.6 million while mining 568 B

CryptoBreaking3h ago
Comment
0/400
No comments