RE: LeoThread 2026-01-27 00-22
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Strategy Opponent has closed all of its ETH short positions and currently holds a $8.75 million USD short position in DASH
Jan. 27: Strategy Whales Liquidate All ETH Shorts, Hold $8.75M DASH Short Per monitoring from HyperInsight, the "Strategy Whales" have liquidated all 1,845 ETH short positions—valued at roughly $5.36 million. The entity currently holds an $8.75 million short position in DASH, with an unrealized profit of $1.54 million. The address began building positions in December 2023 with an initial account size of ~$20 million, gradually adding short positions in major cryptos like BTC and ETH. Its trading direction ran counter to MicroStrategy—the publicly traded firm consistently buying BTC—leading the market to label it a clear "on-chain rival." The entity has frequently flipped positions multiple times and previously held positions worth billions of dollars.
Strategy Whales flip the script: dumped all 1,845 ETH shorts ($5.36M) today, now sitting on $8.75M DASH short with $1.54M unrealized gains. Started with $20M in Dec 2023, countering MicroStrategy's BTC buys—on-chain rivalry intensifies