The largest ZEC short seller partially takes profits from MON short positions, cashing out nearly $1.47 million.

KuCoinFlash

Release Time:01/12/2026 08:17:50

Summary

On January 12, the whale identified as the largest ZEC short seller (0xd47...) partially unwound its MON short position, cashing out nearly $1.47 million from 44.75 million MON shorts. Position sizing adjustments reduced the total MON short value to $4.41 million, with a 42.21% profit. The average entry price was $0.03, and the liquidation price is $0.243. The address maintains large ETH and MON short positions. Position trading strategies have helped it recover from a prior $21 million ZEC loss.

BlockBeats News, January 12, according to... Hyperinsight Monitoring shows that the whale address labeled as the "largest ZEC short" (0xd47...) has partially taken profits on its MON short position, reducing approximately 44.75 million MON short contracts, valued at around $1.4686 million.

After this operation, the short position size of MON has been reduced to $4.4146 million. This profit-taking action has realized a profit of approximately $621,200, with a return rate of 42.21%. The average entry price of this position was $0.03, and the current liquidation price is $0.243.

This address is well known for establishing large short positions on ZEC. It started shorting ZEC at a price of $184, and at one point suffered a floating loss of $21 million, but eventually turned a profit. Currently, it still holds significant short positions in ETH and MON.

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