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After taking profits of $3 million in ETH, the "largest ZEC short seller" reverses position and continues to increase short positions in ZEC and MON.

After taking profits of $3 million in ETH, the "largest ZEC short seller" reverses position and continues to increase short positions in ZEC and MON.

BlockBeatsBlockBeats2025/12/30 04:05
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BlockBeats News, December 30, according to Coinbob Hot Address Monitor, the whale labeled as the "largest ZEC short" partially took profits from ETH short positions last night, and then rolled over the position again in the early morning, continuing to increase short positions in ETH, ZEC, and MON. The whale first reduced 1,008 ETH short contracts, realizing a profit of about $3.08 million. Subsequently, the whale reopened positions in the early morning, lowering the average cost of ETH shorts to $3,246. Currently, the total ETH short position size is about $132 million, with an unrealized profit of $14.23 million.


Meanwhile, the whale further increased short positions in ZEC and MON. The total ZEC short position has reached $20.29 million at an average price of $419, with an unrealized loss of about $4.48 million; the total MON short position is $6.67 million at an average price of $0.0304, with an unrealized profit of about $2.95 million. As of press time, the whale is still increasing positions.


Since opening ZEC shorts in October, this address has traded frequently, once reducing the short position from $16.5 million to $9.1 million on December 17, and has recently increased positions again. Currently, the total short position of the account has increased from $113 million to $163 million, making it the largest short for ETH, ZEC, and MON on the platform.

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