Onchain Address "Strategy Counterparty" Adds $21.2M in BTC and ETH Shorts During Market Pullback
The onchain address "Strategy counterparty" (0x94d3…) added 214.60 BTC (about $14.51 million) and 3,488.85 ETH (about $6.69 million) to its short positions within roughly ten minutes during the recent pullback, Hyperinsight data cited by ChainThink show on March 19. Its total short exposure now stands at $130 million, with BTC shorts at $81.31 million (average entry $71,159.60, unrealized profit $1.738 million or +85.53%) and ETH shorts at $48.08 million (average entry $2,198.89, unrealized profit $1.023 million or +53.18%). The report notes the address currently holds the largest BTC short position onchain.