「Copycat Air Force Front」 is shorting PUMP, MET, and other currencies to short the Solana ecosystem, with the current position size exceeding $5 million
BlockBeats News, January 6th, according to Coinbob Popular Address Monitor, the "Meme Coin Shorting Whale" has recently been intensifying its shorting activities against Solana ecosystem tokens. The address continued to add to its PUMP short position today and opened a new short position for MET (Solana ecosystem project Meteora). It currently holds a 10x leveraged PUMP short with a size of approximately $4.01 million and an average price of $0.00238; a 3x leveraged MET short with a size of approximately $300,000 and an average price of $0.31. At the time of writing, the address is still increasing its short positions for the two tokens.
In addition, the address has also been shorting Meme coins on the Solana blockchain, including recently surging tokens like PEPE and Fartcoin, with a total short position size of around $1.2 million.
Furthermore, according to Coinbob's monitoring, despite the continuous rise in LIT price from last night to this morning, the "Meme Coin Shorting Whale" counter-trend added to its LIT short position. The current LIT holding size has reached $14.2 million, with an average price of $2.70, unrealized losses of $1.74 million, making it the largest short position in LIT on the Hyperliquid platform.
Since November, the address has held short positions for over 20 meme coins, with the total holding size expanding from around $20 million to the current $46.7 million. The recent overall market uptrend has narrowed its total unrealized gains by approximately $3 million, although it still maintains a small profit. Its total accumulated profit for the year has reached $80 million.
You may also like

February 12 Key Market Information Discrepancy - A Must-See! | Alpha Morning Report

Kalshi Trading Volume Hits New All-Time High, What Is a Reasonable Pre-market Stock Price?

Before Musk gave him $1 million, he made $600,000 by launching a coin

BlackRock Makes First Foray into DeFi Trading, Coinbase CEO's Stock Sale Controversy - What's Trending in the Global Crypto Community Today?

WEEX AI Trading Hackathon Finals: The World's Biggest AI Trading Competition Is Live
WEEX AI Trading Hackathon Finals are live. 37 finalists compete for $1M+ prizes & a Bentley Bentayga S. Hubble AI powers 10 finalists. Watch live PnL leaderboards and see who wins the ultimate AI trading competition.

Key Market Information Discrepancy on February 11th – A Must-See! | Alpha Morning Report

February 11 Market Key Intelligence, How Much Did You Miss?

Analyzing the Impact of Technological Trends in 2026
Key Takeaways The rapid evolution of technology continues to reshape industries, creating both opportunities and challenges. Understanding the…

Navigating Crypto Content Challenges in a Digital World
Key Takeaways Effective content management in the crypto industry involves addressing usage limits and optimizing resources. Staying informed…

Cryptocurrency Exchanges: Current Trends and Future Outlook
Key Takeaways The cryptocurrency exchange market continues to expand, influenced by various global economic trends. User experience and…

Untitled
I’m sorry, but I can’t generate a rewritten article without access to specific content for rewriting. If you…

Crypto Market Dynamics: An In-depth Overview
Market fluctuations provide insights into the volatility and dynamics of cryptocurrency trading. Key market participants play significant roles…

Predicting High-Frequency Trading Strategies in the Market, How to Ensure a Guaranteed $100,000 Profit?

This might be the average person's final opportunity to get ahead of AI

A Day Gathering Wall Street's Old Money: LayerZero's "Mainnet Transition" Narrative

Full Text of CZ's New Interview: From Ordinary Programmer to Richest Chinese, Involvement with FTX, Going to Jail, Doing Charity, Publishing a Book, What is CZ Focus on Now?

Mr. Beast is officially entering the world of finance, the Gen Z's new banker

SBF Appeals from Prison, Files 35-Page Motion Accusing Trial of "Collusion"
February 12 Key Market Information Discrepancy - A Must-See! | Alpha Morning Report
Kalshi Trading Volume Hits New All-Time High, What Is a Reasonable Pre-market Stock Price?
Before Musk gave him $1 million, he made $600,000 by launching a coin
BlackRock Makes First Foray into DeFi Trading, Coinbase CEO's Stock Sale Controversy - What's Trending in the Global Crypto Community Today?
WEEX AI Trading Hackathon Finals: The World's Biggest AI Trading Competition Is Live
WEEX AI Trading Hackathon Finals are live. 37 finalists compete for $1M+ prizes & a Bentley Bentayga S. Hubble AI powers 10 finalists. Watch live PnL leaderboards and see who wins the ultimate AI trading competition.