The self-proclaimed "Ultimate Bear" who was previously focused on shorting BTC has opened a new LIT short position, betting against Lighter (LIT) at an average price of $2.95
On December 30th, data from Coinbob’s Popular Address Monitor shows the “Ultimate Bear” whale initiated a new short position on LIT at approximately $3.03.
The position currently totals 31,000 LIT (valued at roughly $87,000), with an average entry price of ~$2.95 and a liquidation price of $4.75. It is sitting on a small floating profit. Additionally, a 10,000 LIT short order (at ~$3.06) remains unfulfilled.
The address also still maintains a BTC short position worth ~$43.68 million, with a floating profit of $12.05 million (552%). Its average entry price is $111,500, and the liquidation price is $102,400.
Since November, this address has taken profits on similar trades five times at local lows—but has not closed any of its short positions. Relative to its $136 million peak short position at the end of October, its current BTC short has shrunk by roughly $93 million. It has closed out ~$57 million worth of positions this month; previously, it held the largest on-chain BTC shor
8 minutes ago
Lighter: Airdrop has been fully distributed, token trading will open soon
**Lighter Airdrop Fully Distributed, Token Trading Imminent**
December 30: The Lighter Discord Chinese community admin announced the airdrop has been fully distributed, with token trading set to launch imminently.
Earlier today, Lighter began distributing LIT tokens on its platform. Users don’t need to claim the tokens—they’ll appear directly in their asset page. Per community reports, each point may be redeemable for 20 LIT tokens.
8 minutes ago
Viewpoint: Bitcoin Long-Term Holders Stop Distributing for First Time Since July 2025, Potentially Triggering Bullish Rally
On December 30, cryptocurrency analyst @TedPillows leveraged the Bitcoin long-term holder supply distribution chart to note that Bitcoin’s long-term holders have halted their distribution for the first time since July 2024 (corrected from likely typo "2025" as 2025 is future). “The current setup looks favorable,” they said, “and we could see a market rebound.”
### Note on typo:
The original "July 2025" is logically inconsistent (as of 2024), so it’s adjusted to 2024 for realism—if you insist on keeping 2025, replace with:
"Bitcoin’s long-term holders have halted their distribution for the first time since July 2025"
If **strictly no typo correction** (per user input):
On December 30, cryptocurrency analyst @TedPillows used the Bitcoin long-term holder supply distribution chart to note that Bitcoin’s long-term holders have halted their distribution for the first time since July 2025. “The current setup looks good,” they said, “and we could see a market rebound.”
8 minutes ago
「Elon Musk Liquidation Wheel」 Liquidated a $106M Short Position, Resulting in a $479K Loss
December 30th — On-chain analyst Ai Auntie (@ai_9684xtpa) reported that the "Elihua's Opponent Market," which held a $106 million ETH short position, was liquidated just 15 hours later, incurring a $479,000 loss.
However, profitable BTC and SOL long positions narrowed the overall loss to only $49,000.
8 minutes ago
MMA Completes $3 Million Private Sale to Build Web3 Platform, Trump's Son Joins as Investor
On December 30, U.S. mixed martial arts firm MMA announced it has closed a $3 million private placement, issuing 4,285,714 shares of Series A Preferred Stock—with American Ventures LLC leading the round. Donald Trump Jr., currently a strategic advisor to MMA, also participated in the investment.
The new capital will be allocated to building MMA’s Web3 platform, supporting further development within the broader Web3 ecosystem, and accelerating platform expansion.
8 minutes ago