BlockBeats News, January 6, according to... Coinbob Popular Address Monitoring It is reported that the "Shanzhai Air Force" (a group known for shorting crypto assets) has recently been significantly increasing its short positions targeting tokens in the Solana ecosystem. Today, the address continued to add to its short position in PUMP and opened a new short position in MET (a token from the Solana-based project Meteora). Currently, the address holds a PUMP short position with 10x leverage, amounting to approximately $4.01 million, at an average price of $0.00238; and a MET short position with 3x leverage, amounting to approximately $300,000, at an average price of $0.31. As of this writing, the address is still continuously increasing its short positions in these two tokens.
In addition, this address is also shorting meme coins on the Solana blockchain, including recently rising ones like PEPE and Fartcoin, with a total short position size of approximately $1.2 million.
According to Coinbob's monitoring, despite the continuous rise in LIT's price from last night to this morning, the "bullish leader of the altcoin short train" has increased LIT short positions against the trend. Currently, the total LIT short position size has reached $14.2 million, with an average entry price of $2.70, resulting in a floating loss of $1.74 million. This makes it the largest LIT short position on the Hyperliquid platform.
This address has held short positions in over 20 altcoins since November. The total position size has now increased from approximately $20 million previously to $46.7 million currently. The recent broad market rally has reduced its overall floating profit by about $3 million, but it still maintains a small floating profit. Its cumulative profit for the year has already reached $80 million.