"Strategy Counterparty" has taken profits on multiple cryptocurrencies including SOL, ZEC, and others, with over $4 million closed so far.

On January 9th, according to Coinbob’s popular address monitoring, the “Strategy Counterparty” whale address (0x94d) has begun continuously reducing some of its long positions, involving multiple tokens such as SOL, ZEC, PUMP, HYPE, and others. As of now, this address has closed approximately $4 million in positions, bringing its total holdings down to about $352 million, and it is still reducing holdings as of press time. Among them, all HYPE long positions have been closed. This address started building its position in December last year, with an initial account size of about $20 million, and then gradually added to short positions in mainstream coins like BTC and ETH. Since its operational direction is opposite to that of the publicly listed company MicroStrategy, which continuously buys BTC, the market views this address as its clear “on-chain counterparty.”