'Strategy Counterparty' Stops Losses on BTC and ETH Long Positions, Initiates Short on DASH

BlockBeats News, January 20, according to Hyperinsight monitoring, 'Strategy Counterparty' liquidated its total BTC and ETH long positions worth $265 million three hours ago, incurring a combined loss of $324,000. Currently, it is shorting 73,000 DASH (approximately $5.46 million) with 5x leverage, at an average entry price of $78.26, with an unrealized profit of $255,000. It is now the largest on-chain DASH short position. This address previously opened short positions on major cryptocurrencies like BTC and ETH during Strategy's continuous accumulation of BTC. At one point, it became the largest BTC short position on Hyperliquid with a position size of $120 million.