Data: Strategy's counterparty had a 30 million BTC long position stop-loss triggered, resulting in a loss of approximately $250,000.

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According to ChainCatcher, Hyperinsight monitoring shows that "Strategy's counterparty" (0x94d3) has closed all of its 40x leveraged BTC long positions at an average closing price of approximately $68,308, resulting in a loss of approximately $249,800.

This long position was established after BTC fell below $69,000 in the early hours of today, and at one point the size expanded to 439.9 BTC, equivalent to approximately $30.3 million. It was stopped out within the past half hour. Currently, the address has reversed course and opened a short position of approximately 500,000 BTC, with an average price of $67,923.

Currently, this address also holds a 20x leveraged long position in BRENTOIL crude oil, with a position size of $25.74 million, an average price of $98.64, and a floating profit of $1.16 million (34%).

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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