BlockBeats News, January 27th, according to Coinbob Popular Address Monitor, in the past 1 hour, the "Strategy Whales" address (0x94d3...) increased its DASH short position by about 26,000 coins, equivalent to approximately $1.92 million. After this operation, its total DASH short position increased to around $8.92 million, and the average holding price decreased from $74.56 to $72.14. The current unrealized profit of this position is about $1.26 million (70%), with a liquidation price of around $298.
This address has previously engaged in intraday trading of mainstream coins such as BTC and ETH with a scale of over 100 million US dollars, but it has not opened new positions for four consecutive days recently, shifting its focus to increasing its DASH short position.
Since December last year, this address has been building its position, with an initial account size of around $20 million. It has subsequently increased its short positions in mainstream coins such as BTC and ETH, opposite to the direction of the publicly traded company MicroStrategy, which has been continuously purchasing BTC. The market considers this address a clear "on-chain rival." It frequently switches directions, holding billion-dollar positions.
