The "Rogue Airforce Front" has increased its LIT short position to $6.26 million, now the largest on-chain LIT short position
BlockBeats News, December 31st, according to Coinbob Popular Address Monitor, this afternoon, the "Meme Army Leader" continued to increase its LIT short position this afternoon, with a cumulative increase of nearly 2 million tokens (approximately $5.62 million), and is currently still adding to its position. Its average holding price has decreased from $2.82 yesterday to $2.77. In addition to the HYPE spot short used for hedging, this is the largest contract short position of this address in terms of scale, and also its largest LIT short position on the Hyperliquid platform.
Furthermore, the "Pro Shorter" trader (0x263) closed his 3x leveraged LIT short position yesterday, with a previous average holding price of $4.14, earning approximately $10,500. This address has actively shorted new tokens such as PUMP, MON, LIT on the Hyperliquid contract at the earliest opportunity, all yielding significant returns.
According to monitoring, the "Meme Army Leader" is currently the largest short position holder for UNI, ASTER, and LIT on Hyperliquid. It once held 22 short positions simultaneously, closed nearly half of the coins in December, and has recently resumed opening multiple new short positions, with a current total holding size of approximately $31.46 million. Data shows that its win rate in the past 30 days is 80%, and this year's profit has reached $82.2 million.
You may also like

Morning Report | Kraken freezes IPO plans due to difficult market conditions; Polymarket acquires DeFi infrastructure Brahma; World launches AgentKit integrated with Coinbase

Bitmain, mired in controversy, has found its strongest backing in the United States

Full text of the Federal Reserve's decision: Maintain interest rates unchanged and expect one rate cut within the year, with Governor Mulan casting a dissenting vote

Guarding billions in assets, yet unable to sustain itself: Tally bids a dignified farewell after five years

SEC’s Stance on Crypto Assets: Most Not Considered Securities
Key Takeaways: The SEC’s new interpretation categorizes most crypto assets as non-securities under federal law. This move aims…

South Korea’s New Crypto Seizure Guidelines After Asset Mismanagement Incidents
Key Takeaways: South Korea’s National Police Agency (KNPA) has drafted guidelines for crypto seizure, with a focus on…

Institutional Confidence in Crypto’s 2026 Growth Trajectory
Key Takeaways: A significant 73% of institutional investors plan to increase their crypto holdings by 2026. Exchange-traded products…

Ethereum Reduces Bridge Times by 98% with Fast Confirmation Rule
Key Takeaways: Ethereum introduces the Fast Confirmation Rule (FCR) aiming to cut bridge times from L1 to L2…

Crypto Firms Advocate DeFi Education in US Colleges
Key Takeaways: Twenty-one crypto organizations have called on US colleges to integrate decentralized finance (DeFi) into their curricula…

RedotPay Reorganizes Amidst Funding Tries and IPO Goals
Key Takeaways: RedotPay is facing leadership changes and concerns over its connections with mainland China while eyeing a…

Bitcoin ETF Streak Nears October Highs While Inflows Lag Behind
Key Takeaways: US spot Bitcoin ETFs have continued their inflow streak for seven straight days, accumulating $1.2 billion…

Connecticut Suspends Bitcoin Depot as Revenue Prospects for 2026 Worsen
Key Takeaways: Connecticut halts Bitcoin Depot’s operations, citing regulatory breaches related to the Money Transmission Act. Bitcoin Depot…

DAO Governance Platform Tally Shuts Down Due to Market Challenges
Key Takeaways: Tally, after operating for five years, is shutting down due to a lack of viable business…

Trump Memecoin Shows Volatility Amid Mar-a-Lago Event
Key Takeaways: TRUMP memecoin holders surpassed 83 wallets with over one million tokens after a luncheon announcement with…

Bitcoin Surge in Australian E-commerce Faces Banking Hurdles: In-depth Analysis
Key Takeaways: Cryptocurrency usage in Australia for purchasing goods and services doubled from 6% to 12% in 2026.…

Meta Shuts Down Horizon Worlds VR for Mobile-Centric Strategy
Key Takeaways: Meta is transitioning Horizon Worlds from a VR to a mobile-centric platform starting June 2026. The…

Bitcoin Exchange Inflows Surge Amidst $75,000 Resistance
Key Takeaways: Bitcoin inflows to exchanges have spiked to 6,100 BTC, hinting at potential selling pressure. The large…

Bitrefill Identifies Lazarus Group Behind Cyberattack and Stolen Funds
Key Takeaways: Bitrefill suffered a cyberattack on March 1, likely orchestrated by the infamous Lazarus Group using sophisticated…
Morning Report | Kraken freezes IPO plans due to difficult market conditions; Polymarket acquires DeFi infrastructure Brahma; World launches AgentKit integrated with Coinbase
Bitmain, mired in controversy, has found its strongest backing in the United States
Full text of the Federal Reserve's decision: Maintain interest rates unchanged and expect one rate cut within the year, with Governor Mulan casting a dissenting vote
Guarding billions in assets, yet unable to sustain itself: Tally bids a dignified farewell after five years
SEC’s Stance on Crypto Assets: Most Not Considered Securities
Key Takeaways: The SEC’s new interpretation categorizes most crypto assets as non-securities under federal law. This move aims…
South Korea’s New Crypto Seizure Guidelines After Asset Mismanagement Incidents
Key Takeaways: South Korea’s National Police Agency (KNPA) has drafted guidelines for crypto seizure, with a focus on…