coin-img-ETHETH-4.72%coin-img-BTCBTC-4.25%coin-img-SOLSOL-2.81%coin-img-ROBOROBO-3.37%coin-img-KATKAT+104.20%coin-img-AITOAITO-31.28%coin-img-CRKCRK+4.27%coin-img-XRPXRP-2.22%coin-img-ETHETH-4.72%coin-img-BTCBTC-4.25%coin-img-SOLSOL-2.81%coin-img-ROBOROBO-3.37%coin-img-KATKAT+104.20%coin-img-AITOAITO-31.28%coin-img-CRKCRK+4.27%coin-img-XRPXRP-2.22%coin-img-ETHETH-4.72%coin-img-BTCBTC-4.25%coin-img-SOLSOL-2.81%coin-img-ROBOROBO-3.37%coin-img-KATKAT+104.20%coin-img-AITOAITO-31.28%coin-img-CRKCRK+4.27%coin-img-XRPXRP-2.22%coin-img-ETHETH-4.72%coin-img-BTCBTC-4.25%coin-img-SOLSOL-2.81%coin-img-ROBOROBO-3.37%coin-img-KATKAT+104.20%coin-img-AITOAITO-31.28%coin-img-CRKCRK+4.27%coin-img-XRPXRP-2.22%

On-Chain 'Strategy Counterparty' Expands BTC, ETH Short Positions by $21.2 Million Amid Pullback

An on-chain entity identified as 'Strategy Counterparty' (0x94d3…) significantly expanded its Bitcoin (BTC) and Ethereum (ETH) short positions by $21.2 million during a recent market pullback, according to a report by ChainCatcher citing Hyperinsight data. This strategic move, executed within approximately ten minutes, increased its total short exposure to $130 million. The entity's BTC short position now totals $81.31 million with an average entry price of $71,159.60, yielding an unrealized profit of $1.738 million (+85.53%). Concurrently, its ETH short position reached $48.08 million, with an average entry price of $2,198.89, generating an unrealized profit of $1.023 million (+53.18%). This address reportedly holds the largest BTC short position observed on-chain.
Selected
BTC
BTC-4.05%
ETH
ETH-5.11%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.