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Home News 「Strategy Opponent」 has closed all of its ETH short positions and currently holds a $8.75 million USD short position in DASH

「Strategy Opponent」 has closed all of its ETH short positions and currently holds a $8.75 million USD short position in DASH

「Strategy Opponent」 has closed all of its ETH short positions and currently holds a $8.75 million USD short position in DASH

BlockBeats News, January 27th, according to HyperInsight monitoring, the “Strategy Whales” have closed all their 1845 ETH short positions, totaling about $5.36 million. They currently hold a $8.75 million DASH short position, with an unrealized profit of $1.54 million.

The address started accumulating positions in December last year, with an initial account size of about $20 million. It gradually added short positions in mainstream coins such as BTC and ETH. As its trading direction was opposite to that of MicroStrategy, a publicly traded company continuously purchasing BTC, this address was seen by the market as a clear “on-chain opponent.” It often reversed its position multiple times and held large-scale positions in the billions.

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