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"‘Strategy Opponent Liquidation’ Triggers Nearly $50 Million in Stop Losses on BTC and ETH Longs, Almost Entirely Liquidated"
BlockBeats News, January 19, according to Coinbob Hot Address Monitoring, the "Strategy Whale" (0x94d3…) conducted a series of intensive sell-offs in about half an hour, continuously clearing its BTC and ETH long positions.
The address briefly sold over 299.5 BTC and 7361.7 ETH, with a total value of approximately $48.6 million. After this concentrated sell-off, its BTC and ETH long positions have been largely liquidated. Currently, its total contract account assets remain at around $8.6 million.
Early this morning, the address liquidated long positions in the three major mainstream coins, resulting in a loss of over $15.3 million. Subsequently, the address switched to longing BTC and ETH with 20x leverage, with the total position size reaching as high as $53 million.
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