Top On-Chain BTC Short Seller Adds $21.2M in BTC and ETH Shorts on Dip

ChainCatcher reports that Hyperinsight data show the "Strategy Counterparty" address (0x94d3…) rolled its BTC and ETH short positions in quick succession within about 10 minutes, adding new shorts of 214.60 BTC (about $14.51 million) and 3,488.85 ETH (about $6.69 million). Total short exposure has now expanded to $130 million. After the increase, the address's BTC short position grew to $81.31 million, with the average entry price reduced to $71,159.60. It currently shows an unrealized profit of $1.738 million (+85.53%), ranking as the largest on-chain BTC short position. The ETH short position rose to $48.08 million, with the average entry price lowered to $2,198.89, and an unrealized profit of $1.023 million (+53.18%).