BlockBeats News, December 25 – According to Coinbob Hot Address Monitoring, the ‘Altcoin Shorting Leader’ has been continuously adjusting short positions recently, shifting from focused shorting to defensive strategies. In recent days, they have gradually closed short positions on multiple tokens including ASTER, UNI, and PUMP, using the released margin to purchase HYPE spot and open corresponding short positions for hedging. This hedging position has increased to approximately $7.8 million.
Additionally, the address has completely cleared holdings of tokens such as MON, ZEC, and TRUMP within this week and withdrew about $2 million 24 hours ago. Currently, its total position size is approximately $23.08 million. Apart from the HYPE hedging combination, it primarily holds ETH short positions (about $4.94 million), ASTER short positions (about $3.78 million), and UNI short positions (about $3.04 million).
The address has recently focused on shorting, having fully closed 10 short positions since the beginning of this month and excelling at capturing opportunities in altcoin volatility. Data shows that it has realized a profit of approximately $7.1 million over the past 30 days, with a cumulative historical profit reaching $82.85 million.
