LTC Bearish Confrontation: Two Major Whales Add $1 Million Each on the Same Day, Who Is Betting on Litecoin's Decline

【BlockBeats】On January 14, Hyperliquid platform staged a showdown between LTC bears. Two well-known whales almost simultaneously increased their short positions, with significant differences in logic and position sizes behind their moves.

The whale nicknamed “20 Million Wave Hunter” is the most aggressive. After opening a new LTC short today, this trader continuously averaged down, adding 2712.32 coins (worth $209,600) in a short period. The average price after averaging down dropped to $78.79, with total holdings reaching $1.2274 million. Although currently showing an unrealized loss of $3,674 (-2.99%), this address continued to add positions before press time, with total accumulated positions exceeding $1 million. This is a typical firm bearish stance with willingness to increase positions.

In contrast, the veteran short seller “Altcoin Air Force Leader” appears confident. Based on unrealized gains, he rolled over his positions, significantly increasing by 7,587.20 LTC (about $588,200). This move lowered his average price from a higher level to $84.90, with total holdings expanding to $3.4309 million. More importantly, his unrealized gains have already exceeded $259,000, with a return rate of 75.54%, clearly benefiting from this rally. However, he did not stop; on the same day, he added over $3 million worth of positions.

Both whales are betting on LTC continuing to decline, but one is still bottoming out while the other has already confirmed profits at a high level and continued to add positions. Such opposing moves often indicate that LTC may face short-term pressure.