Posisi short BTC melebihi 83 juta dolar AS, mengapa investor besar ini terus menambah posisi short?

【Coin Circle】A major trader recently marked as a “altcoin short leader” has attracted attention. This trader has been frequently adjusting positions in recent times, with particularly obvious movements on BTC shorts — current position size reaches $839,000, with an average opening price of $92,490.8.

From the perpetual futures configuration, this account’s short position ratio has reached as high as 90%, showing quite decisive bearish conviction. Interestingly, this major trader is not simply shorting a single asset. Their asset allocation is quite diversified, currently holding positions in 20 different tokens.

The short positions in LIT, HYPE, and ETH are particularly worth noting — worth $14.158 million, $8.3 million, and $4.9 million respectively. What signals does such a layout reveal? The account’s total value is approximately $28 million, but what’s even more impressive is this major trader’s historical track record — cumulative profits across all cycles have already exceeded $78.025 million.

Such returns are quite eye-catching achievements in any trading circle. Looking at position dynamics, the major trader continues to add to short positions. What is this based on? Is it viewing future adjustment space optimistically, or are there other tactical considerations? Market participants are worth closely monitoring the movement changes of such top-tier addresses.