BlockBeats News, January 27th, according to HyperInsight monitoring, the "Strategy Counter-trading" has closed its entire 1845 ETH short position, equivalent to $5.36 million. It still holds a $8.75 million DASH short position, with an unrealized gain of $1.54 million.
The address started building its position in December last year, with an initial account size of around $20 million. It then gradually increased its short positions in BTC, ETH, and other mainstream coins. As its trading direction is opposite to that of the publicly traded company MicroStrategy, which has been continuously buying BTC, this address is seen by the market as a clear "on-chain counterpart." It often frequently reverses its position, holding billion-dollar large positions.
