"Strategy Opponent Position" short-term intensive reduction of long positions, nearly $50 million worth of BTC and ETH longs have been fully closed.

BTC-0,04%
ETH0,34%

BlockBeats News, January 19 — According to Coinbob’s hot address monitoring, “Strategy Opponent” whale (0x94d3…) conducted a series of intensive sell-offs within about half an hour, continuously clearing its long positions in BTC and ETH.

The address temporarily reduced its holdings by over 299.5 BTC and 7361.7 ETH, with a total value of approximately $48.6 million. After this concentrated sell-off, its long positions in BTC and ETH have been nearly cleared. Currently, its total assets in contract accounts remain around $8.6 million.

In the early hours of today, the address closed long positions on the three major mainstream cryptocurrencies to cut losses, recording a loss of over $15.3 million. Subsequently, the address used 20x leverage to buy the dip and go long on BTC and ETH, with related positions once reaching a scale of $53 million.

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