「ZEC Whale Short Seller」 Takes Profit on MON Short, Gains Over $680,000

On January 19, per monitoring from HyperInsight (via https://t.me/HyperInsight), the whale address 0xd475…—dubbed the "ZEC Largest Short" holder—partially closed out a segment of its MON short position. The whale reduced its MON short by 23,058,800 tokens, valued at roughly $623,300. Following this move, the whale’s remaining MON short position remains worth approximately $1.8853 million, with a floating profit of about $685,500 (a 109.09% return). Its liquidation price for the MON position is $0.475. This address gained recognition for establishing a massive ZEC short: it began shorting ZEC at $184, once facing a floating loss of $21 million before successfully turning that loss into a profit. Currently, the whale still holds large short positions on both ETH and MON.