ZEC massive bearish whale new move: MON closed position with a profit of $620,000, floating profit rate surpassing 109%

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【Blockchain Rhythm】On-chain monitoring data shows that the well-known large short whale (0xd475…) on ZEC has recently made a big move. On January 19th, this “largest ZEC short” partially took profit on his short position on MON, reducing his MON short by 23,058,800 tokens in one go, cashing out approximately $623,300.

It seems this whale is quite satisfied with the current gains. After the operation, the total value of his MON short position remains at $1,885,300, with unrealized profits accumulating to $685,500, and a return of 109.09%. However, he has not fully exited the market yet, with the liquidation price held at $0.475, indicating he still holds more chips waiting for further market opportunities.

This whale is a seasoned short seller. He started building his short position when ZEC was at $184, experiencing a temporary unrealized loss of $21 million, but ultimately turned the situation around to become profitable. To this day, he still holds large short positions in ETH and MON, clearly continuing to bet against certain sectors of the market.

ZEC-2,23%
MON-1,11%
ETH-0,49%
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MEVHunterWangvip
· 01-22 01:50
This whale's move is really ruthless, selling 620,000 USD in one go and still holding onto the pit for the next one. A 109% return rate, I was stunned—why? Experienced traders are truly experienced; they can withstand a floating loss of 21 million, no one else can match that mental resilience. It seems I need to reassess MON this coin... For players of this level, their movements must be closely monitored; otherwise, you're just a victim of being harvested. I just want to know why his liquidation price is stuck at 0.475, is there any backup plan?
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Degentlemanvip
· 01-21 21:26
Ha, this whale is really fierce, eating 620,000 in one go, and still not satisfied? The seasoned short seller is just different; surviving with an unrealized loss of 21 million, I truly respect that. A 109% return makes me envious, but the liquidation price is still there... Are they betting on a further decline? This guy knows how to take profits, unlike some people who go all-in and wait for explosion. MON short position has cashed out so much, is this guy planning to switch to another cryptocurrency?
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GasFeeTherapistvip
· 01-19 06:18
Damn, this whale is really ruthless. A 109% return rate isn't enough, and they haven't even fully withdrawn their chips.
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DeadTrades_Walkingvip
· 01-19 06:07
Wow, a 109% return rate. This whale is really ruthless. From a floating loss of 21 million to now turning things around, the resilience is unmatched.
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SmartContractPhobiavip
· 01-19 06:01
This whale's mentality is so steady; a floating loss of 21 million was turned around forcefully. I need to learn from it.
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GateUser-afe07a92vip
· 01-19 05:59
This whale is really ruthless, taking profit of 620,000 in one go, and still holding chips to keep playing.
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MetaverseMortgagevip
· 01-19 05:59
Wow, this whale is really bold. With a floating profit of 109%, it still dares to hold chips and continue to manipulate. Aren't they afraid of being cut in reverse?
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