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Strategy closes out profitable positions in SOL, ZEC, and other currencies, with over $4 million in profits realized
Summary: According to Coinbob's popular address monitoring, Strategy's opponent whale address (0x94d) has been continuously reducing some of its long positions, involving SOL, ZEC, PUMP, HYPE, and other currencies. As of now, the address has closed out approximately $4 million, reducing its total position size to around $352 million, and is still continuing to reduce holdings ...
According to Coinbob's popular address monitoring, Strategy's opponent whale address (0x94d) has been continuously reducing some of its long positions, involving SOL, ZEC, PUMP, HYPE, and other currencies. As of now, the address has closed out approximately $4 million, reducing its total position size to around $352 million, and is still continuing to reduce holdings at the time of writing. All HYPE long positions have been closed out. The address started building positions in December last year with an initial account size of around $20 million, gradually adding short positions in mainstream coins such as BTC and ETH. Due to its opposite direction of operation compared to MicroStrategy, a listed company that continues to buy BTC, the market sees this address as a clear on-chain opponent.
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Link: Strategy closes out profitable positions in SOL, ZEC, and other currencies, with over $4 million in profits realized [Copy]
