「Strategy Opposing Position」 heavily shorted BTC this morning, and the current position's unrealized profit has expanded to 105%.

BlockBeats News, February 28. According to Coinbob Popular Address Tracker, due to a short-term decline in the BTC price, the "Strategy Whales" address (0x94d) has expanded its BTC short position's unrealized profit to $880,000, with a floating return rate of 105%.

It is reported that this address opened a new 40x leveraged BTC short position near a BTC price of around $65,270 in the early hours of today and added to its position again at 6 a.m. today. It is currently the largest on-chain BTC short.

This address is known for establishing a massive mainstream coin short position during the period of MicroStrategy's (code-named MSTR) continuous large-scale BTC acquisitions in December, preferring contrarian trading to chase rallies and sell-offs, and profit from swing trading.