The "altcoin short sellers" return after the holidays to add to their short positions, having previously closed profitable shorts on UNI, ZEC, and others at earlier lows.

BlockBeats News, December 28, according to Coinbob Hot Address Monitoring, the "Altcoin Short Army Leader" transferred $2 million to Hyperliquid yesterday, and established a short position in ZEC around $446. The current position size is about $1.32 million, with an average price of $479, and as of press time, the position is still being increased.

This address had already liquidated holdings in MON, ZEC, TRUMP, and other tokens before Christmas this week, and significantly closed out short positions in ASTER, UNI, PUMP, and several others for defensive purposes. After the holiday, the address rebuilt its positions and replenished its holdings. The current total position size is about $25.62 million, including a hedged combination of HYPE spot and short positions, each around $8.3 million.

According to monitoring, this address is currently the largest short holder of UNI and ASTER on Hyperliquid. Previously, during the voting period for the "Burn 100 million UNI" proposal, this address significantly closed about 40% of its positions to lock in profits. The burn was completed this morning, and there have been no further position adjustments for now.

Recently, this address has mainly focused on shorting, having fully closed 10 short positions this month, and is skilled at capturing volatility opportunities in altcoins. Data shows that it has achieved profits of about $6.09 million in the past 30 days, with historical cumulative profits reaching $81.95 million.