"ZEC's largest short" takes profit on MON short position, still with an unrealized profit of $680,000

GateNews

2026-01-19 05:50:58

ZEC-5,88%

MON-4,63%

ETH-2,19%

BlockBeats News, January 19 — According to HyperInsight monitoring, the “ZEC largest short” whale (0xd475…) has partially taken profit on its MON short position, reducing its short holdings by 23,058,800 MON, worth approximately $623,300.

After this operation, its total MON short position remains valued at about $1,885,300, with an unrealized profit of approximately $685,500, yielding a return of 109.09%. The liquidation price is $0.475.

This address is known for establishing massive short positions on ZEC, having started shorting ZEC at $184, during which it once had an unrealized loss of $21 million. It later successfully turned losses into profits. Currently, it also holds large short positions in ETH and MON.

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Passion2017

· 01-19 07:12

Hold on tight, we're about to take off 🛫Hold on tight, we're about to take off 🛫

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