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Shanzhai Air Force Shorted LIT and Increased Position by Over $2 Million After Floating Losses Turned into Profits

Summary: According to Coinbob's popular address monitoring, in the past 2 hours, the Shanzhai Air Force shorted LIT again after it fell to its average holding price, increasing its position by over 750,000 LIT (approximately $2.07 million). The current position size is $2.73 million, and it is still continuously adding to its position. Monitoring also shows ...

According to Coinbob's popular address monitoring, in the past 2 hours, the Shanzhai Air Force shorted LIT again after it fell to its average holding price, increasing its position by over 750,000 LIT (approximately $2.07 million). The current position size is $2.73 million, and it is still continuously adding to its position.

Monitoring also shows that this address is currently the largest short position on UNI and ASTER on Hyperliquid. It previously held 22 short positions, closed nearly half of them in December, and recently started opening new short positions again, with a total position size of approximately $28.4 million.

This address has been focusing on shorting recently, closing 10 short positions since the beginning of the month and capitalizing on the volatility of shanzhai coins. Data shows that its win rate in the past 30 days is 80%, and it has already made profits of $82.25 million this year.

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