"Strategy Opponent Position" daily profit of $3.6 million, stemming from yesterday's precise deployment of an $80 million "Long Oil, Short BTC" portfolio by Rixin.

BlockBeatNews · 2026-04-02T05:52:32+00:00

On April 2nd, Hyperinsight monitoring showed that due to rising oil prices and a pullback in the crypto market, the giant whale "Strategy Counterparty" (0x94d) opened a nearly $80 million "Long Oil, Short BTC" position, realizing a profit of over $3.6 million. The position includes a $39.5 million long Brent crude oil and a $38.7 million short Bitcoin, further expanding into natural gas long positions and S&P 500 short positions.

BlockBeatNews

2026-04-02 05:52:32

Abstract generation in progress

BlockBeats message, April 2, according to Hyperinsight monitoring, affected by the sharp surge in oil prices and the synchronized pullback in the crypto market, the “Strategy counterparty book” (0x94d) held nearly $80 million “long oil, short BTC” portfolio positions; intraday bidirectional profits have already exceeded $3.6 million.

The portfolio began building positions yesterday afternoon. At that time, BTC had just briefly broken above the $69,000 high, while both WTI and Brent crude oil had fallen back below $100. After this whale entered in a big way, it gradually rolled over and added in small increments, completing all position building by this morning’s early hours. The two main position legs are as follows:

20x BRENTOIL long: position size $39.5 million, average price $100.8, unrealized profit $2.3 million (35%);

40x BTC short: position size $38.7 million, average price $68,761, unrealized profit $1.36 million (140%);

After the two positions generated bidirectional profits, the address has not yet closed its trades. It has extended the baseline position for another round of expansion: going long NATGAS (natural gas) and going short S&P 500, with the current combined position size of these two legs at $2.6 million.

BTC-2.95%

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