"Strategy Opponent" recorded a loss of over $31 million in a single day, once again injecting $8 million to replenish the "ammunition."

On February 6, according to Coinbob Hot Address Monitoring, this morning, the “Strategy Counterparty” closed all of its long positions across several cryptocurrencies totaling approximately $175 million, recording a loss of $31.13 million. This loss caused its account funds to plummet from tens of millions of dollars to less than $6 million. Subsequently, the address transferred about $8.29 million to Hyperliquid to replenish margin and maintain account operations. Its total account funds have now recovered to approximately $12.9 million. The specific position loss details are as follows: ETH long position before closing was approximately $105 million, with a closing price of $1933, resulting in a loss of $17.83 million; BTC long position before closing was approximately $41.52 million, with a closing price of $65,700, resulting in a loss of $6.3 million; SOL long position before closing was approximately $15.44 million, with a closing price of $82, resulting in a loss of $3.57 million; XRP long position before closing was approximately $13.88 million, with a closing price of $1.25, resulting in a loss of $3.43 million. This address started building positions last December with an initial account size of about $20 million, gradually increasing short positions in mainstream coins like BTC and ETH. Due to the operational direction being opposite to that of the listed company MicroStrategy, which continuously buys BTC, the market views this address as its clear “on-chain counterparty.” It frequently opens and closes positions in different directions, holding large positions worth hundreds of millions.