Top BTC short seller "Strategy Counterparty" added $21.2 million in shorts during the dip

ChainThink reported on March 19 that Hyperinsight monitoring showed the wallet dubbed "Strategy Counterparty" (0x94d3…) rolled its BTC and ETH short positions repeatedly over roughly 10 minutes. The address increased its BTC short by 214.60 BTC (about $14.51 million) and its ETH short by 3,488.85 ETH (about $6.69 million), lifting total short exposure to $130 million. After averaging down, the BTC short position rose to $81.31 million with the average entry lowered to $71,159.60, leaving an unrealized profit of $1.738 million (+85.53%). The ETH short position expanded to $48.08 million with the average entry reduced to $2,198.89, showing an unrealized profit of $1.023 million (+53.18%).