The largest Bitcoin short seller, known as "Strategy Counterparty," has significantly increased its short positions amid a market pullback. According to Hyperinsight monitoring, the address (0x94d3…) expanded its BTC short position by 214.60 BTC, valued at approximately $14.51 million, and its ETH short position by 3,488.85 ETH, worth around $6.69 million. This brings the total short position size to $130 million.
Following this adjustment, the BTC short position now stands at $81.31 million, with an average price of $71,159.60, resulting in an unrealized profit of $1.738 million, or an 85.53% gain. The ETH short position has increased to $48.08 million, with an average price of $2,198.89, yielding an unrealized profit of $1.023 million, or a 53.18% gain. This strategic move positions "Strategy Counterparty" as the largest BTC bull on-chain.
Largest BTC Short Seller Expands Positions Amid Market Pullback
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