The "fake short seller" returned to the short after the holiday to add to short positions, profiting from previously closed short positions in UNI, ZEC, etc. at low points.

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On December 28, according to Coinbob's hot address monitoring , the "alt short seller" transferred $2 million to Hyperliquid yesterday and then established a short position in ZEC at around $446. The current position size is about $1.32 million, with an average price of $479. As of press time, it is still adding to its position.

This address liquidated its positions in MON, ZEC, and Trump before Christmas this week, and significantly closed out multiple short positions in ASTER, UNI, and PUMP as a defensive measure. After the holiday, it re-established its positions and replenished them, currently holding a total of approximately $25.62 million, including a combination of HYPE spot trading and short hedging, each amounting to approximately $8.3 million.

According to monitoring, this address is currently the largest short seller of UNI and ASTER on Hyperliquid. Previously, during the vote on the proposal to "burn 100 million UNI", this address liquidated about 40% of its positions to lock in profits. The burning was completed this morning, and it has not yet made any further adjustments to its positions.

This address has recently focused primarily on short, having closed out 10 short positions this month, demonstrating expertise in capturing opportunities arising from Altcoin fluctuations. Data shows that it has achieved approximately $6.09 million in profit over the past 30 days, with a historical cumulative profit of $81.95 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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