「Strategy Counterparty Liquidation」 Long Position Breakeven Closeout After Drawdown, Temporary Position Size Reduced by Approximately $80 Million

By: theblockbeats.news|2026/01/12 09:46:06
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BlockBeats News, January 12, according to Hyperinsight monitoring, due to the short-term decline in BTC's price, the "Strategy Counterparty" whale address (0x94d) saw all 7 mainstream coins' long positions fall below the average entry price. Subsequently, the address closed all XRP and SOL long positions and gradually reduced other holdings. As of now, the address has liquidated over $80 million in a short period, reducing its total holdings from $351 million to $270 million.

The address started accumulating since December last year, with an initial $20 million account size, and then gradually increased short positions in mainstream coins such as BTC and ETH. Due to its strategy being the exact opposite of the publicly traded company MicroStrategy's continuous BTC accumulation, this address is seen by the market as a clear "on-chain counterpart."

The address's current main holdings are:

BTC 20x long, quantity: 1,712 coins, holding amount: $160 million, current loss: $260,000, current price: $91,000, liquidation price: $75,000;

ETH 20x long, quantity: 29,000 coins, holding amount: $90 million, current loss: $170,000, current price: $3,117, liquidation price: $2,194.

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