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BlockBeats News, December 25, according to Coinbob Hot Address Monitoring, the "Altcoin Short Army Leader" has recently been continuously adjusting short positions, shifting from a focus on shorting to a more defensive stance. In recent days, it has successively closed short positions in several tokens such as ASTER, UNI, and PUMP, and used the released margin to buy HYPE spot and open corresponding short positions for hedging. The hedged position has now increased to about $7.8 million. In addition, this address has completely cleared its holdings in MON, ZEC, TRUMP, and other tokens within this week, and withdrew about $2 million 24 hours ago. Currently, its total position size is about $23.08 million. Besides the HYPE hedging portfolio, it mainly still holds ETH short positions (about $4.94 million), ASTER short positions (about $3.78 million), and UNI short positions (about $3.04 million). This address has recently focused mainly on shorting, having fully closed 10 short positions since the beginning of this month, and is skilled at capturing altcoin volatility opportunities. Data shows that it has realized a profit of about $7.1 million in the past 30 days, with a historical cumulative profit of $82.85 million.

The total assets of the XRP ETF have increased to $1.25 billion, with institutional investors recently adding $8.19 million in capital inflows, indicating a preference for structured products. Although demand for spot ETFs remains stable, the price of XRP continues to fluctuate within the $1.85 to $1.91 range. There is strong selling pressure near $1.90 and persistent buying interest around $1.86, suggesting the market may be facing a critical breakout.

According to ChainCatcher, statistics from Castle Labs show that L1 tokens have generally performed poorly this year: TON dropped by 73.8%, AVAX fell by 67.9%, SUI decreased by 67.3%, SOL declined by 35.9%, ETH dropped by 15.3%, and HYPE fell by 6.5%. Only BNB and TRX recorded positive gains of 18.2% and 9.8%, respectively.