According to Coinbob tracking data, the crypto whale address 0x94d3..., associated with 'Strategy Counterparty', executed a series of high-frequency selling operations within 30 minutes on Jan 19 to systematically close its BTC and ETH long positions.
Massive Liquidation: $486M in Longs Cleared
The selling pressure reached extraordinary levels, with 299.5 BTC and 7,361.7 ETH dumped on the market - representing approximately $486 million in total value. This comprehensive exit effectively emptied the whale's BTC and ETH long positions, leaving only $8.6 million in remaining assets.
Double-Edged Trading Strategy
- Initiated stop-loss on three major coin longs early morning, generating over $15.3M in losses
- Immediately followed with aggressive 20x leveraged long entries totaling $530M in BTC/ETH
- Eventually chose concentrated high-level liquidation to complete trading cycle