BlockBeats News, January 9 — According to Coinbob’s popular address monitoring, the “Strategy Opponent” whale address (0x94d) has been continuously reducing its long positions in several cryptocurrencies, including SOL, ZEC, PUMP, HYPE, and others. As of now, this address has closed approximately $4 million in positions, bringing its total holdings down to about $352 million, and it is still actively reducing its positions as of press time. Among them, all HYPE long positions have been closed.
This address started building its position in December last year with an initial account size of about $20 million. It has gradually added short positions in major cryptocurrencies like BTC and ETH. Since its operational direction is opposite to that of the publicly listed company MicroStrategy, which has been continuously buying BTC, the market views this address as its clear “on-chain counterparty.”
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