On-chain whale "Air Force Commander" recently shorted over 105 BTC, setting a new record for daily position increase

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According to BlockBeats, the well-known on-chain trader “Air Force Commander” has once again attracted attention with his short-selling activities on the Hyperliquid platform. This BTC short position holder has been continuously increasing his holdings recently, adding 105.53 BTC in just the past 20 minutes, fully demonstrating his bearish outlook on the market.

Multi-Currency Short Positions, Total Holdings Reach $246 Million

“Air Force Commander” currently has total short positions exceeding $246 million, showcasing a diversified investment strategy across multiple cryptocurrencies. Specifically, his short position in BTC is the largest, with a leverage of 40x holding $122.9 million in shorts, currently with a floating profit of $2.326 million.

In Ethereum, he has established a $99.76 million short position with 25x leverage, with a floating profit of $2.887 million. The short position on Solana is relatively smaller, at $9.98 million (20x leverage), with a floating profit of $107,700. Additionally, the holder has also laid out short positions in HYPE and KPEPE, amounting to $8.72 million and $4.9 million respectively.

High Floating Profit in BTC Shorts, Diverging Performance in Other Coins

In terms of profit performance, the BTC short position is the most profitable, with over $2.3 million in floating gains, reflecting the trader’s accurate judgment of Bitcoin’s future trend. In comparison, his ETH short position also remains profitable, with floating gains exceeding $2.8 million.

However, not all positions are in profit. The trader is currently experiencing floating losses on HYPE and KPEPE, at $49,580 and $47,900 respectively, which may indicate some risk in his positions on emerging tokens.

Market Signals Behind On-Chain Large Holder Position Movements

The “Air Force Commander” has recently continued to increase his BTC short holdings, possibly reflecting his assessment of the current market sentiment. Establishing large short positions usually indicates that the holder has a clear bearish outlook on the price trend, and the movements of such on-chain large holders often serve as important reference points for market participants. His simultaneous layout of short positions across multiple cryptocurrencies also demonstrates his cautious attitude towards the overall market direction.

BTC3,79%
ETH5,47%
SOL5,45%
HYPE0,79%
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