『Strategy Hedge』Heavily Bets on BTC Decline with Floating Profit of 105%

Hedging Strategy Bets Against BTC

According to Coinbob's tracking, as of February 28, the BTC short position held by『Strategy Hedge』has seen its floating profit expand to $880,000, with a floating return rate reaching 105%, driven by BTC's short-term price drop.

This address opened a 40x leveraged BTC short position early this morning near $65,270 and added to the position at 6 a.m. today. It now holds the largest BTC short on the chain.

Investment Strategy Insights

The address gained notoriety for establishing significant short positions during MicroStrategy's (MSTR) aggressive BTC accumulation cycle in December. It favors right-side trading, capitalizing on momentum swings to generate returns.