「Strategy Opponent Liquidation」: Short-Term Intensive Selling of Long Positions, Nearly $50 Million in BTC and ETH Longs Have Been Fully Closed

BlockBeats News, January 19, according to Coinbob Top Address Monitor data, the "Strategy Whales" (0x94d3...) conducted a series of intensive sell-offs in about half an hour, continuously clearing their BTC and ETH long positions.

The address briefly sold over 299.5 BTC and 7361.7 ETH, with a total value of about $48.6 million. After this concentrated sell-off, its BTC and ETH long positions have been basically liquidated. Currently, its total assets in the contract account are maintained at around $8.6 million.

Earlier today, the address liquidated long positions for 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 cumulative position reaching up to $53 million at one point.