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.
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