"ZEC's largest short position" takes profit of $3 million ETH and then reverses position, continuously increasing ZEC and MON short positions

BlockBeats News, December 30 — According to Coinbob’s hot address monitoring, a whale labeled as the “ZEC largest short seller” partially took profits on ETH short positions last night, then rolled over and added to the position again in the early morning. Currently, they continue to increase short positions in ETH, ZEC, and MON. They first reduced 1008 ETH shorts, realizing a profit of approximately $3.08 million. Later, they re-entered the market in the early morning, lowering the average cost of ETH shorts to $3,246. Their total ETH short position is now about $132 million, with an unrealized profit of $14.23 million. Meanwhile, the whale further increased their short positions in ZEC and MON. Their total ZEC short position has reached $20.29 million, with an average price of $419, and an unrealized loss of about $4.48 million; the total MON short position is $6.67 million, with an average price of $0.0304, and an unrealized profit of approximately $2.95 million. As of press time, they are still adding to their positions. Since opening the ZEC short in October, this address has been very active, reducing the short position from $16.5 million to $9.1 million on December 17, then increasing again recently. Currently, their total short holdings have increased from $113 million to $163 million, making them the largest short seller on the platform for ETH, ZEC, and MON.