ZEC's Biggest Bear Cashes Out $1.47M with Partial MON Short Cover

Whale Closes部分 MON Short Position, Realizes Over $620K Profit

On January 12, market data showed that a whale address linked to the largest ZEC short-seller executed a significant move by partially closing around 44.75 million MON short positions, realizing approximately $1.4686 million in cash.

Short Position Reduced with Detailed Metrics

After this move, the whale's MON short holdings dropped to $4.4146 million. The partial close generated an estimated profit of $621,200, reflecting a 42.21% return. The data indicated the average entry price of the position was $0.03, with a current liquidation price at $0.243.

Historic Performance of Notable Short-Seller

This whale is well-known for its aggressive ZEC short bets, having initiated positions when ZEC traded at $184. At one point, the position faced a floating loss of $21 million before eventually turning profitable. Currently, the address still holds substantial short positions on ETH and MON, drawing significant market attention.