Data: BTC's largest short seller, "Strategy's counterparty," continuously rolled over its positions during the pullback, increasing its short positions in BTC and ETH by $21.2 million.

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According to ChainCatcher, Hyperinsight monitoring shows that the "Strategy counterparty" address (0x94d3…) continuously rolled over its short positions in BTC and ETH within approximately ten minutes, accumulating a total short position of 214.60 BTC (approximately $14.51 million) and a short position of 3488.85 ETH (approximately $6.69 million). The total short position size has thus increased to $130 million.

Following this round of increased holdings, its BTC short position size has risen to $81.31 million, with the average price revised down to $71,159.60, and the current unrealized profit is $1.738 million (+85.53%), making it the largest long position holder in on-chain BTC;

ETH short positions rose to $48.08 million, with the average price revised down to $2,198.89, and the current unrealized profit is $1.023 million (+53.18%).

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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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