The 「Strategy Opponent Portfolio」 has realized gains in multiple coins such as SOL and ZEC, with current total realized gains exceeding $4 million.

BlockBeats News, January 9th, according to Coinbob Popular Address Monitoring, the "Strategy Whale" address (0x94d) has started continuously reducing its partial long positions, involving several coins such as SOL, ZEC, PUMP, HYPE, etc. As of now, the address has liquidated approximately $4 million, reducing its total position to around $352 million, and is still actively deleveraging at the time of writing. Notably, all HYPE long positions have been closed.

This address started accumulating assets in December last year with an initial balance of around $20 million. It then gradually increased its short positions in mainstream coins such as BTC and ETH. Due to its opposite strategy to the publicly traded company MicroStrategy, which continuously buys BTC, this address is seen by the market as a clear "on-chain whale bear."