According to Mars Finance, on January 13th, Hyperinsight monitoring revealed that Strategy's counterparty, the former largest short-selling whale on Hyperliquid (0x94d37), closed its long position in SOL, ultimately profiting $700,000, while the account still shows a floating loss of $35,000. This address established short positions in BTC, ETH, and other major cryptocurrencies during Strategy's continuous BTC accumulation period, once holding $120 million, making it the largest short seller of BTC on Hyperliquid; it is currently the second largest short seller of BTC.
Strategy's counterparty closed its long position in SOL, making a profit of $700,000.
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