BlockBeats News, January 27 — According to HyperInsight monitoring, “Strategy Opponent” has shorted 7,347 ETH with 15x leverage, approximately worth $21.37 million, with an average entry price of $2910.9, currently showing a slight unrealized profit.
This address started building positions in December last year, with an initial account size of about $20 million, then gradually increased short positions in mainstream cryptocurrencies such as BTC and ETH. Since its operational direction is opposite to that of MicroStrategy, a publicly listed company continuously buying BTC, the market views this address as its clear “on-chain opponent.” It frequently reverses positions to open in different directions, holding large positions worth hundreds of millions.
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