2026-01-12 09:24:02

A seasoned whale with extensive market experience recently completed a classic position reduction on MON, and the transaction data is quite impressive.

According to on-chain data, this whale partially took profits on 44.75 million short contracts on MON, with a single trade profit of $621,200 and a return of 42.21%. Currently, it still holds a $4.41 million short position on MON, with a liquidation price set at $0.243, providing a substantial safety margin.

What’s even more noteworthy is the story behind this trade. The whale initially started building short positions on ZEC at a price of $184, enduring a floating loss of $21 million, almost suffering in hell. But he did not cut losses; instead, he held his position firmly, eventually turning the losses into profits.

From the data perspective, his average entry price was $0.03, and the total profit from this take-profit was $1,468,600. The remaining position of $4,414,600 indicates that the whale remains bearish on the market, maintaining short positions on both ETH and MON.

Looking at this operation, the strategy of "reduce positions when falling and take profits, then add shorts during rebounds" is textbook-level. Every move by whales reflects deep analysis of market sentiment and technical factors. Such trading data always offers valuable insights for traders seeking to understand the true market liquidity.

MON0,13%

ZEC-7,37%

ETH-0,82%

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TokenomicsTherapist

· 01-14 20:29

Damn, that move was so ruthless, turning the game around from hell itself. That's true mental toughness.

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LiquidityWitch

· 01-14 07:39

This guy is really incredible. Crawling out of hell and still able to continue trading, his mental resilience is extraordinary.

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IfIWereOnChain

· 01-14 04:50

This guy really held on, with a floating loss of 21 million and didn't run. How strong must his psychological resilience be? --- Textbook-level operation. I wish I could stay so calm too. --- Damn, taking profit at 1.46 million and still shorting. How much do they really bearish on the future market? --- Fallen from 184 and still holding on. I've been liquidated three times already. --- This is what true "sell the dip, rebound, and add to the short" looks like. As retail investors, just looking at the data makes our eyes dizzy. --- Sufficient margin of safety... sounds easy. What if there's a reverse breakout? --- Honestly, this level of whale operation is something we can't learn, but copying some logic isn't bad. --- Holding a floating loss of 21 million and still able to hold. I ask, who else can do that? --- Continuing to short ETH and MON. Is this really bearish or just a trap to lure more longs? --- Average position price of 0.03, and the profit margin is shockingly large.

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GasGrillMaster

· 01-12 09:53

This guy's mental toughness is really incredible. He didn't run even after losing 21 million. If it were me, I would have gone bankrupt long ago.

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OnchainArchaeologist

· 01-12 09:51

This guy's mental toughness is really top-notch; he can endure a 21 million floating loss. I need to learn from him. --- Wait, is the safety margin with a liquidation price of 0.243 really sufficient? I feel like it's still a bit tight. --- Honestly, this level of whale operation looks simple, but if you don't have that kind of resolve, you can't pull it off at all. --- I just want to know if he'll add to his short position later. That seems to be the key. --- It's probably not textbook-level; luck also plays a big role. --- This data looks profitable, but retail traders' review might tell a different story. --- 146K take profit, I haven't even earned a fraction of his. --- Short from 184 until now, that takes a lot of confidence in the bearish trend.

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token_therapist

· 01-12 09:45

Oh no, this technique is really amazing, I’m completely convinced. --- $21 million in unrealized losses and still holding on? How strong must that mental resilience be? --- Wait, he’s still shorting ETH. This guy is really confident that it will drop further. --- A cost basis of 0.03... I calculated it, and this is indeed textbook-level operation, no flaws. --- The old fox’s trick of shorting on rebound, retail investors can’t learn this. --- The question is, when will the bottom be? Holding such a deep short position, I always feel like it’s going to end badly. --- This is the so-called "King of Holding Positions," a true diamond hand. --- After taking profit at $620,000, still daring to leave $441,000 to continue betting—such a big gamble. --- I’m thinking, since the whales are still shorting, maybe this rebound is really just a trap to lure more buyers.

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Lonely_Validator

· 01-12 09:24

This guy's mental toughness is really incredible. He can withstand a loss of 21 million; I definitely couldn't do that.

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