【Crypto World】Recently, the market has staged a big whale showdown.
According to on-chain data monitoring, an address known as the "Shanzhai Air Force Leader" has been active frequently. In just the past 2 hours, this large holder has continued to add short positions on the popular Meme coin PEPE, with a current holding size of about $120,000, and an entry average price of $0.007. Even more astonishing is that since the official launch of LIT, this address has established LIT short positions totaling $11.2 million, with an average price of $2.7. Currently, it has become the largest short player on the Hyperliquid platform for three tokens: LIT, ASTER, and UNI.
Data shows that this address has held more than 20 altcoins since November. The initial position size was about $20 million, and now it has expanded to $40.7 million — the account is rapidly growing. Although today’s market rally narrowed unrealized gains by about $800,000,