[The "Ultimate Short Seller," who previously focused on short BTC, has opened a new short position in LIT, averaging $2.95 per coin, targeting Lighter (LIT)] According to Mars Finance, on December 30th, Coinbob's monitoring of popular addresses showed that the "Ultimate Short Seller,"a whale, opened a new short position in LIT at approximately $3.03. The current position size is 31,000 LIT (approximately $87,000), with an average price of approximately $2.95 and a liquidation price of $4.75. This position has already achieved a small unrealized profit. In addition, there are still 10,000 LIT short orders pending (approximately $3.06) that have not yet been filled. Meanwhile, this address still holds approximately $43.68 million in short BTC positions, with an unrealized profit of $12.05 million (552%), an average price of $111,500, and a liquidation price of $102,400. Since November, this address has executed similar profit-taking operations at local lows five times consecutively, without replenishing its short positions. Compared to its peak holdings of $136 million at the end of October, its BTC short positions have now decreased by approximately $93 million, with approximately $57 million closed out this month. Previously, it was the largest short seller of BTC on-chain.
The "ultimate short seller," who previously focused on short BTC, has opened a new short position in LIT, aiming to short Lighter (LIT) at an average price of $2.95.
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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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