Previously focused on shorting BTC as the "Ultimate Short Seller," opened a new short position on LIT with an average price of $2.95, bearish on Lighter (LIT).

GateUser-6433627c · 2025-12-30T06:25:51+00:00

On December 30th, the "Ultimate Bear" whale opened a new short position of 31,000 LIT at $3.03, currently showing unrealized profit. This address also holds approximately $43.68 million worth of BTC short positions, with unrealized profit of $12.05 million. Since November, this address has been continuously taking profits and closing positions, reducing the BTC short position size by $93 million.

GateUser-6433627c

2025-12-30 06:25:51

Abstract generation in progress

On December 30, according to Coinbob’s popular address monitoring, the “ultimate short” whale opened a new LIT short position at approximately $3.03. The current position size is 31,000 LIT (about $87,000), with an average price of around $2.95, and a liquidation price at $4.75. This position has realized a slight unrealized profit. Additionally, it still has a pending sell order for 10,000 LIT (about $3.06) that has not been filled yet. Meanwhile, this address also holds a BTC short position worth approximately $43.68 million, 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 five times at local lows, without covering the shorts. Compared to its peak holding of $136 million at the end of October, its BTC short position has decreased by about $93 million, with approximately $57 million closed this month, previously the largest on-chain BTC short.

BTC-1.05%

LIT-6.41%

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