Surge to ignore bear market - Whale's $23 million short strategy faces severe test
Source: CoinWorld
Time: 2025-09-11 14:39:12
The "Iron Hand Air Force" has been actively adjusting its short positions in PUMP, and its unrealized losses have now reached US$23.71 million due to the volatility of the asset. The whale continues to adjust its leverage and position size to manage risk while maintaining bearish expectations. On-chain data shows that the entity has not closed its position, indicating strong confidence or expectations for a market pullback. If the leverage ratio remains high, sustained price increases may trigger margin addition or forced closing.