【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.
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YieldHunter
· 5h ago
ngl the leverage on those LIT shorts is insane... if you look at the data, $11.2M at 2.7 avg? technically speaking that's just begging for liquidation cascade lol
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SelfRugger
· 8h ago
The air force guy is really bold, shorting 11.2 million LIT. How bearish does that make him? But making money with meme coins like PEPE is also about luck—feels like playing with fire.
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With a position of 40.7 million, expanding from 20 million to now, this account's growth rate is pretty aggressive. Not sure when it will suddenly blow up.
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The bullish whale lost 42.7 million, while the air force made 81 million. The contrast is striking—markets are a place where some rejoice and others mourn.
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Looking at these numbers, that guy on Hyperliquid is really betting on this decline, shorting LIT, ASTER, and UNI all at once—he's got some serious risk appetite.
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Fortunately, the unrealized profit only narrowed by 800,000; otherwise, it would have collapsed. Shorts keep holding on desperately, longs keep cutting losses—cycle repeats.
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Spending 11.2 million USD on a single coin to short so many positions is really bold—what if it suddenly surges in the opposite direction and GG?
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The "Shanzhai Air Force Leader" name is pretty wild. Earning 81 million annually is no joke, but he's heavily relying on this downward trend.
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These are the three largest shorts on Hyperliquid—are they betting the entire sector will collapse? That's pretty fierce.
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DegenTherapist
· 01-05 12:33
This guy in the Air Force really has guts, a short position of 11.2 million LIT? I have to give him a thumbs up... But on the other hand, this wave of the market surged and shrank by 800,000, you must be mentally strong.
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SelfMadeRuggee
· 01-05 06:50
This Air Force buddy really has guts, daring to hold a 11.2 million LIT short position... But on the other hand, with an account size of over 40 million, losing is also manageable.
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NFTRegretful
· 01-05 06:49
Why are the shorts so aggressive? 11.2 million LIT short positions? That’s really bearish, haha
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SignatureVerifier
· 01-05 06:48
Honestly, a short position of 40.7 million in this market definitely needs triple verification... How credible is it really?
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BlockchainArchaeologist
· 01-05 06:46
The Air Force really dares to push this time, with LIT directly shorting 11.2 million? This guy really isn't afraid of a爆
View OriginalReply0
TestnetFreeloader
· 01-05 06:30
How long can the Air Force hold on this wave? Feels like this LIT deal is bound to blow up sooner or later.
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.