"Strategy Counterparty" liquidated $54 million in BTC and ETH long positions, recording a loss of approximately $1.86 million.
BlockBeats News, February 11, according to Hyperinsight monitoring, in the past hour, the "Strategy Counterparty" whale (0x94d…) simultaneously liquidated its BTC and ETH long positions, with a short-term liquidation value of approximately $13.1291 million.
This includes: a BTC long position previously sized at $29.94 million, and an ETH long position at $24.13 million. Both positions ended at a loss, recording a total loss of about $1.86 million.
This address is known for establishing large-scale mainstream coin short positions in the opposite direction during the period when listed company MicroStrategy (ticker MSTR) made consecutive large BTC purchases in December. It once became the largest BTC short on Hyperliquid with a position size of $120 million, but suffered a significant drawdown after being liquidated at $3,113 when switching to long positions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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