The ultimate short seller is back in action! A whale closed a position on LIT with a profit of 550,000, continuing to short nearly 500 million BTC with 20x leverage

ZkSnarker · 2026-01-19T04:00:11+00:00

Recently, a whale known as the "Ultimate Bear" closed a short position of 61,208 LIT for a profit of $55,000 and continues to hold a 499.9 BTC short position with 20x leverage, with unrealized gains reaching $9.47 million, demonstrating their excellent trading logic and risk management skills.

ZkSnarker

2026-01-19 04:00:11

Abstract generation in progress

【Crypto World】Recently, the “Ultimate Bear” whale in the market has made a big move again. This address 0x5d2f4 decisively closed a short position of 61,208 LIT on January 19, pocketing $55,000 in one go. However, this old timer clearly isn’t done yet—he is still holding onto 499.9 BTC with 20x leverage, with an average entry price of $111,499.3. Even more astonishing, this BTC short position currently has an unrealized profit of $9.47 million. From the precise liquidation of LIT to the large short position in BTC, this whale’s trading logic and risk management capabilities are indeed worth market attention.

LIT-7,55%

BTC1,3%

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GasBandit

· 01-21 18:36

This guy is really ruthless. With a floating profit of 9.47 million, he continues to press on silently. If it were me, I would have already run away.

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MEVSandwichVictim

· 01-19 04:29

This whale is really gambling, with a floating profit of 9.47 million not taken, how strong must their mentality be?

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PumpDoctrine

· 01-19 04:29

This whale is really bold, daring to hold a floating profit of 9.47 million. With 20x leverage, a black swan could wipe it out.

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FlashLoanLarry

· 01-19 04:27

ngl this whale's capital utilization is honestly chef's kiss... but 20x leverage on half a grand btc? that's the kinda opportunity cost calculation that keeps me up at night tbh. like yeah the basis points work out now, but the liquidation depth here is *chef's kiss* scary lol

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SigmaBrain

· 01-19 04:22

Wow, this guy is really bold. Holding onto a BTC short position without letting go, with floating profits approaching 10 million, and still daring to continue with 20x leverage?

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LiquidationTherapist

· 01-19 04:02

Wow, this whale is really the king of bears. After farming LIT, they move on to BTC? 9.47 million in unrealized gains. If there's a big rebound, they'll be liquidated immediately, brother.

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