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).

BlockBeats News, December 30 — According to Coinbob’s popular address monitoring, the “ultimate short” whale opened a new LIT short position at around $3.03. The current position size is 31,000 LIT (approximately $87,000), with an average price of about $2.95, and a liquidation price at $4.75. This position has realized a slight unrealized profit. Additionally, it still has an open 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.