A "short seller" who short over 20 cryptocurrencies made a monthly profit of 6.7 million, and today continued to take profits on his short positions in PUMP and UNI.

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According to BlockBeats, on February 13th, Hyperinsight monitoring showed that the address "Fake Short Seller" (0xa312…) partially closed out its PUMP short positions, reducing its holdings by approximately $1.3028 million. Following this reduction, its PUMP short position size decreased to $1.6875 million, with a current unrealized profit of $757,300, representing a return of 448.76%.

Meanwhile, the address also partially closed out its UNI short positions today, reducing its current open interest to less than $500,000. The account's total open interest has fallen 50% from last week's high, continuing to realize unrealized profits.

On the other hand, this whale added to its short position in LIT again today, with a current position size of approximately $4.17 million, a floating profit of $3.28 million, and an average holding price of $2.615. It remains the largest short holder of LIT on the blockchain.

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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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