Losing Streaks End, Conviction Shows Up:)))))
After eating five straight losses, this whale didn’t rage quit. Didn’t disappear. Instead… he flipped the switch.
The account tagged as “Strategy’s Counterparty” quietly slid into a short on $DASH , running it with 5x leverage, almost like a deep breath before the move. Right now it’s a single, heavy position -- about $7.03M in size, shorting 118,492.39 DASH.
Entry came in around $74.16, price is hovering near $59.38, and yeah… that puts the trade nicely in the green with roughly +$1.75M unrealized PnL, a clean +124% ROE. Margin sitting at about $1.4M, liquidation way out at $344, so this isn’t some panic click -- it’s planted.
What’s interesting is the context. Before this, the wallet kept getting chopped up on quick $ETH and $BTC longs and shorts -- minutes to hours, red after red, nothing sticking.
Total perp value on the account is about $7.03M, fully short-biased, leverage low overall, free margin still massive.
Here is the address: 0x94d3735543ecb3d339064151118644501c933814
