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 significantly rebalances: reduces ZEC holdings and shifts to short LIT, Hyperliquid's holdings near $26 million
【BlockBeats】A seasoned short-term trading address has recently made significant moves again. In the past 3 hours, this long-term focused shorting wallet has sharply reduced its ZEC short positions by 43.3%, equivalent to approximately $713,000. The released funds were not idle; instead, they were used to establish a short position in LIT at around $2.82, currently accumulating 44,100 tokens worth about $125,000, and still adding to the position.
More notably, this address has become the largest short seller of UNI and ASTER on the Hyperliquid platform. Previously maintaining 22 short positions simultaneously, it closed nearly half of its positions in December but has recently begun to deploy new shorting opportunities one after another. As of now, the total holdings of this address have reached approximately $25.72 million.
In terms of trading style, this is a pure short seller. Since the beginning of this month, it has fully closed 10 short positions, especially skilled at finding opportunities amid altcoin volatility. Data shows that its win rate over the past 30 days has reached 80%, with total profits this year amounting to $82.27 million. Such a track record demonstrates its strong market timing ability.