Whale significantly adjusts positions: the bearish leader reduces ZEC holdings and switches to LIT, with total current holdings exceeding $25 million

【Block Rhythm】In the past 3 hours, a well-known on-chain short address significantly changed its positions—cutting 43.3% of its ZEC short positions. This transaction involved approximately $713,000. The turnaround was swift, as it immediately started shorting LIT at the price of $2.82, currently holding 44,100 tokens worth about $125,000, and appears to be continuing to add to its position.

This address is also a heavy hitter on the Hyperliquid trading platform—it’s the largest short position holder for UNI and ASTER. It has previously held 22 short positions simultaneously, and has already closed nearly half of its positions this month. Recently, it has begun to establish new short positions one after another. Its total holdings have now expanded to $25.72 million.

In terms of trading style, this address is focused on shorting, especially skilled at profiting from altcoin volatility. Its win rate over the past 30 days has reached 80%, which is quite impressive in the crypto market. Even more astonishing, it has already earned $82.27 million this year alone. Such a track record makes every move it makes worth paying close attention to.