According to ChainCatcher, Coinbob's monitoring of popular addresses shows that this afternoon, a major altcoin short seller continued to increase its LIT short positions, accumulating nearly 2 million LIT (approximately $5.62 million), and is still adding to its holdings. Its average holding price has decreased from $2.82 yesterday to $2.77. Aside from its HYPE spot short positions used for hedging, this is the address's largest contract short position and also its largest LIT short position 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 considerable returns in each case.
According to further monitoring, the "Altcoin Short Seller" is currently the largest short seller on Hyperliquid for UNI, ASTER, and LIT. 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.
