On March 20, according to Coinbob's popular address monitoring, the 'Strategy Counterparty' (0x94d) closed all of its $105 million BTC and ETH short positions within the past 8 hours, recording a total profit of approximately $1.75 million. After taking profits, the address immediately opened long positions, with BTC priced around $70,500 at the time. As of the time of reporting, the total position size for BTC and ETH long positions has reached $39.4 million, with an overall slight unrealized loss of about $10,000. This address is known for establishing large short positions in mainstream cryptocurrencies during the period when the publicly listed company MicroStrategy (ticker MSTR) was continuously increasing its BTC holdings significantly, favoring right-side trading to chase trends and capture profits through swing trading.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Strategy Counterparty Closes BTC and ETH Shorts for $1.75 Million Profit, Opens $39.4 Million Long Position
-
Wechat scan to share
Recommended for you
-
Iran Denies Parliament Speaker Negotiating with US
On March 23rd, Iranian media outlets including Tasnim News Agency reported today (March 23rd) that Iran has denied that the Speaker of the Iranian Islamic Parliament, Mohammad Bagher Ghalibaf, is engaged in negotiations with the United States. Earlier, according to information revealed by Axios reporter Barak Ravid on social media, US President's Special Representative for Iran, Brian Hook, and President Trump's son-in-law, Jared Kushner, "are in negotiations with Ghalibaf." Israeli media also reported that senior Iranian and US officials would hold talks in Islamabad, the capital of Pakistan, later this week. It was claimed that the US representative "could be Vice President Pence." -
U.S. Stock Indices All Rise Over 2%
On March 23, U.S. stocks continued to rise, with the Dow Jones Industrial Average up 2.14%, the Nasdaq up 2.28%, and the S&P 500 index up 2.01%. -
Dollar Index DXY Falls Below 99
According to Jjinshi, the Dollar Index DXY has fallen below 99, with a daily decline of 0.51%. -
Trump: 15 Agreements Reached with Iran
On March 23, U.S. President Trump stated: We have currently reached 15 agreements with Iran, including that Iran will not possess nuclear weapons. (Jinshi) -
U.S. Stocks Continue Uptrend, Nasdaq Rises 2%
Market data shows that U.S. stocks continue their upward trend, with the Nasdaq rising by 2%. -
Strategy Announces New $21 Billion STRC and MSTR Equity Offering Plans
On March 23, Strategy announced the launch of new $21 billion equity offering plans for STRC and MSTR. Note: The equity offering plans refer to at-the-market (ATM) programs, which are commonly used incremental financing tools by publicly traded companies to raise funds by issuing shares flexibly based on market prices. -
Trump: Negotiations with Iran 'Progressing Very Smoothly'
On March 23, U.S. President Trump stated in a telephone interview with AFP that negotiations with Iran are 'progressing very smoothly.' Earlier, Trump posted on social media that the U.S. and Iran had engaged in dialogue over the past two days. Subsequently, Trump has given interviews to at least three media outlets, including the U.S. Consumer News and Business Channel, Fox News, and AFP. According to Trump, both the U.S. and Iran are very eager to reach an agreement. However, on the same day, Iran denied having engaged in dialogue with the United States. (Xinhua) -
WTI Crude Oil Futures Drop 10% During Trading
On March 23, WTI crude oil fell by 10.10%, priced at $88.312 per barrel; Brent crude oil dropped by 9.73%, priced at $96.059 per barrel. This follows comments from U.S. President Trump, who stated that the U.S. is 'very interested in reaching an agreement with Iran'; discussions between the U.S. and Iran are 'very intense', and he 'hopes to achieve some substantial results'. -
FTSE China A50 Futures Extend Gains to 2%
FTSE China A50 futures extended their gains to 2%. (JIN10)
Daily Must-Read
-
SEC Chairman Paul Atkins Unveils “Regulation Crypto Assets” to Replace Enforcement
-
Australia warns of AI, ‘finfluencers’ as Gen Z crypto ownership reaches 23%
-
US Treasury sanctions enablers of North Korea IT worker fraud ring
-
Pudgy Penguins launches its 'Club Penguin' moment, and the game doesn't feel like crypto at all
-
CleanSpark sells 553 BTC for $36.6M in February as miners offload Bitcoin
-
Bitcoin losing trillions in value hasn't stopped traditional giants' interest in digital assets sector
All Comments