BlockBeats News, January 14, according to... Hyperinsight Monitoring shows that two short positions targeting LTC have appeared on Hyperliquid, both simultaneously increasing their bearish bets. Among them:
The "20 million band hunter" whale has been continuously adding to its short position in LTC today, increasing its short position by approximately 2,712.32 LTC (about $209,600) in a cost-averaging strategy. The whale's average short price has risen to $78.79, with the total short position now reaching $1.2274 million. Currently, the position is floating at a loss of about $3,674 (-2.99%). This address has accumulated over $1 million in short positions today, and as of this writing, it is still continuously adding to its position.
A well-known short-seller whale, known as "Shanzhai Airforce Cheyenne," has rolled over its short position in LTC, which is currently in profit, by significantly increasing the position by 7,587.20 LTC (approximately $588,200). This move has brought down the average short price to $84.90 and expanded the total position size to $3.43 million, with current floating profit exceeding $259,000 (+75.54%). The address has added over $3 million in positions today and is still continuously increasing its short exposure as of the time of writing.