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The "fake short seller" has increased its holdings to $6.26 million, making it the largest short seller of LIT on the blockchain.

On December 31st, according to Coinbob's monitoring of popular addresses, the address known as the "Altcoin Short Seller" continued to increase its short position in LIT this afternoon, accumulating nearly 2 million LIT (approximately $5.62 million), and is still adding to its position. Its average holding price has decreased from $2.82 yesterday to $2.77. Apart from its HYPE spot short position used for hedging, this is the address's largest contract short position and also its largest short position in LIT on the Hyperliquid platform. In addition, the trader specializing in shorting new coins (0x263) closed out their 3x leveraged short position in LIT yesterday. The average holding price was $4.14, resulting in a profit of approximately $10,500. This address shorted PUMP, MON, and LIT as soon as they were short on Hyperliquid contracts, achieving substantial returns in each case. According to further monitoring, "Short Selling Agent" is currently the largest short seller on UNI, ASTER, and LIT on Hyperliquid. He previously held 22 short positions simultaneously. After closing nearly half of his positions in December, he has recently re-established several new short positions, bringing his total open interest to approximately $31.46 million. Data shows that his win rate over the past 30 days is 80%, and his year-to-date profit has reached $82.2 million.
Disclaimer: The views above are the author's only and do not represent 711BTC. Nothing here constitutes investment advice.

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07-08 20:22

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Justin Sun has staked $430 million in Ethereum on Lido, yielding an annualized return of approximately $9.5 million.

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