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 other side of Musk's trillion-dollar fortune: 85% cannot be sold

The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal

Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market

The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?

Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus

a16z Crypto Partner: Cash flow is the moat

Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money

How TradeXYZ, xStocks, and Alpaca break down the SpaceX IPO into three different strategies

$75 billion in risk asset redistribution: How will SpaceX's IPO affect U.S. stocks and Bitcoin?

Why Is BlackRock Investing $5 Billion in the SpaceX IPO?

Morning News | CME Group launches Nasdaq Cryptocurrency Index futures; Asset management giant Janus Henderson strategically invests in Ethena

Bitcoin Layer 2 Network Botanix: Why Did We Choose to Dissolve?

Why did Oracle deliver the strongest financial report in history, yet its stock price fell?

When the P2P illicit funds from ten years ago turned into 60,000 bitcoins

Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?

Galaxy in-depth report: Is Solana still worth paying attention to?

Young people in South Korea make a "final effort" in the epic bull market

