「Largest ZEC Short Seller」 Takes Profit at $3M in ETH, Then Reverses to Roll Position, Continues to Add to ZEC and MON Short Positions

**December 30 –** According to data from Coinbob Popular Address Monitor, the whale labeled the "Largest ZEC Short" partially locked in profits on an ETH short position last night, then rolled over and re-established the position early this morning. It is currently continuing to add to short positions across ETH, ZEC, MON, and other assets. The whale first closed 1,008 ETH of its short position, locking in roughly $3.08 million in profits. It then re-built the position early today, lowering the average entry price for its ETH short to $3,246. Its total ETH short position now stands at approximately $132 million, with an unrealized gain of $14.23 million. At the same time, the whale has expanded its ZEC and MON short positions: - Total ZEC short: $20.29 million, average entry price $419, unrealized loss ~$4.48 million - Total MON short: $6.67 million, average entry price $0.0304, unrealized gain ~$2.95 million As of press time, the whale remains active in adding to these positions. Since opening its initial ZEC short in October, the address has been an active trader. It reduced its ZEC short from $16.5 million to $9.1 million on December 17, then recently re-added to the position. Its total short position has grown from $113 million to $163 million, and it now holds the largest short positions in ETH, ZEC, and MON on the platform.