「Strategy Counterparty」Averages Down and Increases BTC Short Position by Over $5.2 Million, Total Position Size Rises to $75.2 Million

BlockBeats News, April 9: According to monitoring by Hyperinsight, 「Strategy Counterparty」 (0x94d3) executed an averaging-down operation on its BTC short position, adding 81.06 BTC shorts, approximately $5.209 million. The total position size has risen to $75.2048 million, with the average price slightly increasing from $69,036.20 to $69,181.40. The liquidation price is $79,320.81. The position currently has an unrealized loss of approximately $1.8229 million (-96.96%) and is now the largest BTC short position on Hyperliquid. It is reported that this address had, during MicroStrategy's (MSTR) consecutive large-scale BTC purchases last December, established significant short positions on major cryptocurrencies in the opposite direction. At one point, the position size reached as high as $120 million, making it the largest BTC short position on the Hyperliquid platform at the time.