"Ultimate Bear" whale adjusts position: LIT opens 30,000 new short positions, BTC short positions continue to shrink

2025-12-30 06:26:13

【Blockchain Rhythm】On-chain address monitoring data shows that the well-known short address “Ultimate Short” recently opened a new short position at an LIT price of approximately $3.03. Currently holding 31,000 LIT short tokens, equivalent to about $87,000, with an average price of $2.95 and a liquidation price set at $4.75, this position has already yielded some gains. Notably, this address also has a pending order for 10,000 LIT shorts at a price of about $3.06, which has not yet been executed.

At the same time, this address still holds approximately $43.68 million in BTC short positions, with unrealized profits of up to $12.05 million, and a return rate of 552%. The average price of the BTC shorts is $111,500, with a liquidation price set at $102,400.

Since November, this address has realized profits at local lows five consecutive times, without re-entering new shorts. Compared to the $136 million position size at the end of October, the current BTC short position has shrunk by about $93 million. In just this month, approximately $57 million worth of positions have been closed. Once the largest on-chain BTC short position, its recent adjustments are quite evident.

LIT-41,93%

BTC0,52%

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BuyTheTop

· 11h ago

The ultimate short seller's move this time is somewhat impressive; five consecutive lows without covering the short... Is this really bearish or just a shakeout? BTC's 552% return is indeed incredible, but I feel like this guy is a bit panicked and slowly retreating.

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ForkLibertarian

· 11h ago

This whale is really serious about cutting losses, shrinking from 136 million directly to its current size. It's a bit timid.

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TeaTimeTrader

· 11h ago

This whale is really ruthless, hitting the lows five times in a row—luck or strength? ... BTC has been cut from 136 million to now. Not covering the short—smart or cowardly?

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BottomMisser

· 11h ago

This whale is really ruthless, earning 552% just from BTC, while I'm still at a loss... --- Not adding to the position after 5 consecutive low points? Are they planning to run away or waiting for an even lower point? --- Still holding a 43.68 million BTC short position, I really can't compare with this size of position at all. --- LIT new short of 30,000 coins, profit at an average price of 2.95? Why do I always operate in the opposite direction? --- This guy's liquidation price is 102,400, he's really bold. I would have cut losses and run long ago. --- Look at their operation rhythm, then look at mine, shrug.jpg --- 552% return rate, how many years would it take me to catch up with this whale? --- Not adding to the short position again—smart or just not confident in the market? That’s what makes a master. --- LIT only has an 87,000 USD position, and they still have 10,000 orders placed. This level of precision is truly amazing. --- From 136 million to now, is this gradual closing of positions or a strategic adjustment?

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