Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Whale showdown: Air Force big account earns 81 million vs. Bull giant whale loses 42.7 million
【Crypto World】Recently, the market has staged a big showdown between whales.
According to on-chain data monitoring, an address known as the “Shanzhai Air Force Leader” has been active frequently. In just the past 2 hours, this large holder continued to add short positions on the popular Meme coin PEPE, with a current position size of about $120,000, and an entry average price of $0.007. Even more astonishing is that since the official launch of LIT, this address has established LIT short positions totaling $11.2 million, with an average price of $2.7. Currently, it has become the largest short player on the Hyperliquid platform for three tokens: LIT, ASTER, and UNI.
Data shows that this address has held more than 20 altcoins since November. The initial position size was about $20 million, which has now expanded to $40.7 million — the account is rapidly growing. Although today’s market rally narrowed unrealized gains by about $800,000, the account still holds $4.6 million in unrealized profits. The cumulative profit over the past two months is about $13 million, with an astonishing $81 million profit year-to-date.
Interestingly, another giant whale’s experience is completely opposite. This whale has also been active since November, but its strategy is “long a basket of altcoins” — directly opposing the previous air force whale. As a result, its position size dropped from about $25 million to $2.33 million, with a total loss of over $427 million this year.
Two strategies, two outcomes. One has made a fortune on short positions, while the other has lost everything on long positions. The market always tests each participant’s sense of direction.