Whale reduces LIT short positions, BTC super short positions have an unrealized profit of over $11 million

ForkMonger · 2025-12-31T04:34:12+00:00

On-chain data shows that a seasoned short whale has adjusted its trading strategy, gradually reducing LIT short positions while maintaining large BTC short positions. Its BTC position has an unrealized profit of $11.53 million, indicating a strong prediction of market movement, which is worth paying attention to.

ForkMonger

2025-12-31 04:34:12

Abstract generation in progress

【CoinPush】On-chain data shows that a seasoned short whale (wallet address 0x5d2f4) recently adjusted their trading strategy.

Let’s first look at the LIT position — this whale is gradually reducing its short pressure. Currently, it maintains a 3x leverage short of 59,208 LIT, with an average entry price lowered to $2.8, currently showing a small profit. This gradual reduction in position usually indicates that the shorts are re-evaluating the market rhythm.

But the real focus is on BTC. The whale still holds a 20x leveraged super short of 499.9 BTC, worth approximately $44.2 million. More importantly — unrealized profits have accumulated to $11.53 million, with a return of 413%.

Based on the entry data, this whale was positioned when BTC was at $115,000. The liquidation line is set at $102,380, indicating that the shorts still have a clear forecast for the subsequent market trend. The actions of such large leveraged positions often influence market sentiment and are worth continuous monitoring.

LIT-1,31%

BTC1,05%

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DegenGambler

· 6h ago

Wow, this whale is really bold. Using 20x leverage to short BTC still results in a floating profit of over 11 million. I need to learn this trading approach.

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ser_ngmi

· 6h ago

This whale is really bold, daring to play with 20x leverage. I don't have that kind of courage.

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ILCollector

· 6h ago

Wait a minute, this whale's BTC short position is floating with a profit of 413%? How is that possible? I need to reflect on whether I got something mixed up...

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BearMarketMonk

· 6h ago

Playing with 20x leverage so aggressively, there's still nearly $10,000 of room before liquidation. This whale's strategy is indeed fierce.

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SelfRugger

· 6h ago

This whale is really bold, using 20x leverage and still able to sleep? I'm truly impressed.

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BearMarketMonk

· 6h ago

This whale is really bold, going all-in with 20x leverage, still holding onto a floating profit of 11 million, and daring to continue holding. They probably already see through the upcoming trend.

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SchrodingersFOMO

· 6h ago

This whale is really bold, holding on with 20x leverage at this price level. Once it rebounds, it's GG.

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