The swing whale "Strategy Opponent" continues to increase long positions in BTC and ETH, with total holdings rising back to $272 million.

According to ChainCatcher messages and monitored by Coinbob’s popular address monitoring, the “Strategy Opponent” whale address (0x94d) has been continuously increasing its long positions in BTC and ETH over the past few hours, with its total holdings rising to $272 million. This position was opened about two hours ago.

The specific position details are as follows: 15x ETH long: approximately $221 million in holdings, average price $3,213, unrealized loss of $240,000; 20x BTC long: approximately $43.7 million in holdings, average price $9.3, unrealized loss of $30,000; this address previously closed out long positions in the three major mainstream coins due to market volatility, incurring losses exceeding $15.3 million. Subsequently, it used 20x leverage to bottom-fish and open long positions in BTC and ETH, with related holdings once reaching $53 million. All these long positions were closed around 3 PM today, marking a re-entry to bottom-fish. This address started building its position in December last year, with an initial account size of about $20 million, gradually adding to short positions in BTC, ETH, and other mainstream coins. Due to the opposite operational strategy compared to the listed company MicroStrategy, which continuously buys BTC, the market views this address as its clear “on-chain counterparty.” Recently, it has repeatedly reversed large positions to go long, with holdings reaching over $100 million.