Whale Trader「Sniper Whale Strategy」 Continues to Increase Long Positions in BTC and ETH, Total Position Size Rises to $272 Million
BlockBeats News, January 19th, according to Coinbob Popular Address Monitor, the "Strategy Whale" address (0x94d) has continuously increased its BTC and ETH long positions in the past few hours, with its total position size rising to $272 million. The position was opened more than two hours ago. The specific position information is as follows:
15x ETH Long: Position size of about $221 million, average price $3213, floating loss of $240,000;
20x BTC Long: Position size of about $43.7 million, average price $9.30, floating loss of $30,000;
Earlier today, the address was liquidated to stop losses on long positions for the three major mainstream coins due to market fluctuations, resulting in a loss of over $15.3 million. Subsequently, it bottomed out with 20x leverage to open long positions on BTC and ETH, with the related positions reaching as high as $53 million. These long positions were all closed around 3 pm today, marking its re-entry to bottom fishing.
This address started accumulating its position since December last year, with an initial account size of about $20 million, and then gradually increased its short positions in mainstream coins such as BTC and ETH. As its trading direction is opposite to the publicly traded company MicroStrategy's continuous BTC purchases, this address is seen by the market as its clear "on-chain counterpart." Recently, it has repeatedly reversed its large positions to long, with a position size reaching billions of dollars.
You may also like

The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The little deer live by the water and grass

The world belongs to Chinese people who speak English

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

$1.3 Billion Debt: BitDeer Faces Tough Battle

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Ethereum Unveils Scaling Roadmap, What's Different This Time?
