Whale significantly adjusts positions: the bearish leader reduces ZEC holdings and switches to LIT, with total current holdings exceeding $25 million

2025-12-30 09:46:18

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【Block Rhythm】In the past 3 hours, a well-known on-chain short address significantly changed its positions—cutting 43.3% of its ZEC short positions. This transaction involved approximately $713,000. The turnaround was swift, as it immediately started shorting LIT at the price of $2.82, currently holding 44,100 tokens worth about $125,000, and appears to be continuing to add to its position.

This address is also a heavy hitter on the Hyperliquid trading platform—it’s the largest short position holder for UNI and ASTER. It has previously held 22 short positions simultaneously, and has already closed nearly half of its positions this month. Recently, it has begun to establish new short positions one after another. Its total holdings have now expanded to $25.72 million.

In terms of trading style, this address is focused on shorting, especially skilled at profiting from altcoin volatility. Its win rate over the past 30 days has reached 80%, which is quite impressive in the crypto market. Even more astonishing, it has already earned $82.27 million this year alone. Such a track record makes every move it makes worth paying close attention to.

ZEC-1.07%

LIT-41.89%

UNI-0.11%

ASTER-0.37%

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ShitcoinArbitrageur

· 9h ago

This guy is really ruthless, ZEC was cut just like that, directly switched to LIT, and is still adding to the position... An 80% win rate is truly impressive. Can LIT drop this time? I think it's a bit uncertain. It's the same old pattern of shorting altcoins; this kind of address is just riding the volatility. With a scale of $25 million, this is a real whale trader. ZEC has dropped so much and still got liquidated? Feels like a rebound is coming? This address is so good at timing, turning around to short LIT. I can't keep up.

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GasFeeCry

· 9h ago

Bro, this short really is ruthless, with an 80% win rate. I’m honestly kneeling. --- ZEC was cut in half directly. The speed of this turnaround is really fast. Going all-in on LIT now. --- A position size of 25.72 million? This guy is seriously doing this. --- Making money in altcoin volatility, easy to say, but the execution is really fierce. --- I just want to know when this guy will flip. This win rate can't be this ridiculous forever. --- The largest shorts on UNI and ASTER are both from it. Feels like this person at Hyperliquid really has some skills. --- Cut directly at 43.3%. The timing of this turn is unusual. Surely they’ve discovered some opportunity. --- Once had 22 short positions open simultaneously. Now reducing to half of the coins, seems like they’re adjusting their strategy.

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MidsommarWallet

· 9h ago

Oh my, this whale is at it again, cutting ZEC and turning to short LIT. The speed is truly incredible. 80% win rate? I don't really believe it; there must be some black box I don't know about. Making money from altcoin fluctuations, sounds easy but the risk is probably huge. With a volume of $25 million, they are still adding positions. What signal are they seeing? Is it really that easy for shorts to make money? It feels like we're all being eaten.

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BugBountyHunter

· 9h ago

This whale is playing really aggressively, ZEC was directly liquidated, and then it pushed LIT... An 80% win rate is indeed impressive. Whether LIT can turn the tide this time depends on the upcoming moves. I wonder what the ZEC holders are thinking right now, haha. Every time this position size refreshes, it’s another shakeout. A deadly weapon for bears, even altcoins are trembling and shivering.

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NFTregretter

· 9h ago

Huh, is this whale adjusting its position again? ZEC is directly cut by more than forty... This pace is a bit fast. But speaking of which, an 80% win rate is indeed fierce in the altcoin space. I wonder if it's setting up the next trap. LIT is only 2.82, yet daring to hold such a heavy position? I don't think so.

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