After falling below the average price, "Strategy Counterparty" sharply reduced its positions by 48%, with the size of long positions plummeting from $350 millions to $180 millions.

BlockBeats News, January 9, according to Coinbob's popular address monitoring, due to BTC briefly falling below $90,000, the "Strategy Counterparty" whale address (0x94d) closed 4 long positions in a short period and continued to significantly reduce its BTC and ETH long positions. As of now, this address has closed positions totaling over $170 millions within one hour, with the total position size dropping from $352 millions to $180 millions. The specific position changes are as follows:

15x BTC long position: position size decreased from $137 millions to $31.27 millions, with an average price of $90,100;

15x ETH long position: position size decreased from $137 millions to $100 millions, with an average price of $3,092;

This address began building positions in December last year, with an initial account size of about $20 millions, and subsequently gradually increased short positions in major coins such as BTC and ETH. Since its trading direction is opposite to that of listed company MicroStrategy, which continues to buy BTC, this address is regarded by the market as its clear "on-chain counterparty".