BlockBeats News, January 27 — According to Coinbob Hot Address Monitoring, in the past hour, the “Strategy Counterparty” address (0x94d3…) increased its short position by approximately 26,000 DASH, worth about $1.92 million. After this operation, its total DASH short position reached approximately $8.92 million, with an average entry price dropping from $74.56 to $72.14. The current unrealized profit for this position is about $1.26 million (70%), with a liquidation price of approximately $298.
This address previously engaged in intraday swing trading of mainstream cryptocurrencies like BTC and ETH with a scale of over $100 million, but has not opened a new position for four consecutive days recently, shifting its trading focus to increasing DASH short positions.
Since December last year, this address began building its position with an initial account size of about $20 million, gradually adding to short positions in BTC, ETH, and other mainstream coins. Due to its trading direction being opposite to that of the listed company MicroStrategy, which continuously buys BTC, the market views this address as its clear “on-chain counterparty.” It frequently reverses positions to open trades in different directions, managing large positions worth hundreds of millions.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Visa and Stripe act simultaneously: AI agents can make autonomous payments, and stablecoin payment infrastructure enters a new stage
As the convergence of AI and stablecoin payments accelerates, Visa has launched the Visa CLI tool, which enables AI agents to complete payments directly, enhancing automation levels. Meanwhile, Tempo, backed by Stripe, has launched with a machine payment protocol to meet the high-frequency trading needs of AI. AI agents are gradually becoming economic participants with autonomous trading capabilities, and in the future may accelerate the realization of automated procurement and cross-border payments.
GateNews6m ago
BitMax Emergency Transfer of All Bitcoin Sparks Speculation, CEO Denies Sell-off But Financial Pressure Continues to Mount
South Korean digital asset management company BitMax sparked market speculation by transferring its Bitcoin holdings. Some analysts interpreted this as a sell-off signal, but the company denied any plans to sell, stating the move aimed to optimize asset distribution. The company faces increasing financial pressure, with a net loss of $52 million in Q3 2025, and is also dealing with regulatory environment challenges. Overall market attention on corporate Bitcoin holding strategies has increased.
GateNews7m ago
PPI Surges + Middle East Tensions Escalate! Bitcoin Breaks Below $70,000, Why Is the Crypto Market Experiencing a Collective Downturn?
On March 19, the cryptocurrency market experienced a pullback due to the U.S. Producer Price Index (PPI) rising and escalating geopolitical tensions, with total market capitalization evaporating approximately $83 billion and Bitcoin declining to around $71,000. Risk-off sentiment increased in the market, altcoins showed weak performance, and LayerZero broke below $2.15. The U.S.-Iran conflict and rising energy prices exacerbated inflation concerns, with the market maintaining expectations for sustained high interest rates. U.S. regulatory advancement in security token offerings represents a long-term positive, but provides limited relief to near-term macroeconomic pressures.
GateNews10m ago
Here’s Why the Crypto Market Is Crashing as the Bitcoin Price Nears $70K Again
The total crypto market cap just fell 4.13% to $2.44 trillion in the last 24 hours. Derivatives volume dropped 17.51%. Bitcoin liquidations surged 140.22% to $150.85 million, mostly long positions getting wiped out.
Yet in the middle of all this red, U.S. spot Bitcoin ETF AUM grew to $100.05
CaptainAltcoin19m ago
