Data shows that Strategy's counterparties have further increased their long positions in cryptocurrencies such as ETH and SOL, bringing their total op...

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TL;DR

A whale address linked to Strategy has closed short positions in ETH, BTC, and SOL, now holding long positions totaling $233 million, making it the largest BTC long on Hyperliquid with unrealized profits.

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HAIHyperliquidLiquicryptocurrencywhale addresslong positionsBTCETH

According to ChainCatcher, Coinbob's hot address monitoring shows that Strategy's counterparty, a whale address (0x94d), briefly increased its long positions in major cryptocurrencies such as ETH and BTC again, and is still adding to its positions as of press time. This address currently holds long positions in four major cryptocurrencies, totaling approximately $233 million, and is currently the largest long position in BTC on the Hyperliquid platform.

This morning, they completely closed out their short positions in ETH, BTC, and SOL, and then opened long positions. Specific position information is as follows:

BTC long positions: Open interest is approximately $156 million, average price is $92,081.4, current price is $92,410, and unrealized profit is approximately $557,600;

SOL Long Position: Open interest approximately $50.34 million, average price $140.998, current price $141.84, unrealized profit approximately $298,800;

ETH long positions: open interest of approximately $14.37 million, average price of $3,130.55, current price of $3,140.4, unrealized profit of approximately $45,100;

HYPE long positions: open interest of approximately $1.03 million, average price of $23.9207, current price of $24.64, unrealized profit of approximately $30,100;

This address began accumulating short positions in major cryptocurrencies such as BTC and ETH last December. Because its previous trading strategy contradicted that of MicroStrategy, a publicly traded company that had been consistently buying BTC, this address was considered by the market to be its clear on-chain counterparty. Recently, its main holdings have repeatedly reversed course, opening large positions with each position exceeding $100 million.

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