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"Shanzhai Air Force Leader" shifts to defense before the holiday, closes most short positions, and increases HYPE hedging positions.
BlockBeats News, December 25 — According to Coinbob Hot Address Monitoring, the “Shanzhai Air Force Leader” has recently been continuously adjusting its short positions, shifting from a focus on shorting to a defensive stance. It has recently closed short positions in multiple cryptocurrencies including ASTER, UNI, and PUMP, and used the released margin to buy HYPE spot and open additional short positions for hedging. The hedge position has increased to approximately $7.8 million. Additionally, this address has fully liquidated holdings in MON, ZEC, TRUMP, and other tokens within the week, and withdrew about $2 million 24 hours ago. Currently, its total holdings amount to approximately $23.08 million, mainly holding ETH shorts (about $4.94 million), ASTER shorts (about $3.78 million), and UNI shorts (about $3.04 million), aside from the HYPE hedge portfolio. Recently, this address has focused mainly on shorting, having fully closed 10 short positions this month, and is skilled at capturing volatility opportunities in altcoins. Data shows that it has achieved a profit of about $7.1 million in the past 30 days, with a total historical profit of $82.85 million.