"The 'ZEC Whale Short' Partially Takes Profit on MON Short, Cashing Out Nearly $1.47 Million"

By: theblockbeats.news|2026/01/12 16:16:07
0
Share
copy

BlockBeats News, January 12th, according to Hyperinsight monitoring, the whale address identified as the "ZEC Largest Short" (0xd47...) partially closed its MON short position to take profit, reducing about 44.75 million MON shorts, worth approximately $1.4686 million.

After this operation, the MON short position size dropped to $4.4146 million. The profit from this partial closure was approximately $0.6212 million, with a return rate of 42.21%. The average holding price of this position was $0.03, with the current liquidation price at $0.243.

This address is known for establishing a large short position on ZEC, starting to short ZEC from $184. At one point, it faced a floating loss of $21 million but later turned the loss into profit. Currently, it still holds a massive short position on ETH and MON.

You may also like

The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes

What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.

How Smart Money Tracker Survived Live AI Trading at WEEX AI Hackathon

Discover how WEEX AI Trading Hackathon tested strategies with real capital—no simulations. See how Smart Money Tracker survived flash crashes and leveraged 18x in live markets.

80% Win Rate to 40% Drawdown: An AI Trader's Brutal Recalibration at WEEX AI Wars

Dive into the technical blueprint of an AI trading system built on LLaMA reasoning and multi-agent execution. See how Quantum Quaser uses confidence thresholds & volatility filters at WEEX AI Wars, and learn the key to unlocking 95% win rate trades.

AI Trading Strategy Explained: How a Beginner Tiana Reached the WEEX AI Trading Hackathon Finals

Can AI trading really outperform human emotion? In this exclusive WEEX Hackathon finalist interview, discover how behavioral signal strategies, SOL trend setups, and disciplined AI execution secured a spot in the finals.

When AI Takes Over the 'Shopping Journey,' How Much Time Does PayPal Have Left?

Stripe and PayPal are shifting from payment tools to AI business infrastructure, competing to become the default engine for AI transactions.

Bloomberg: Aid Turkey Freeze $1 Billion Assets, Tether Remakes Compliance Boundary

By the end of 2025, Tether and its competitor Circle had blacklisted around 5700 wallets, involving assets of around $2.5 billion.

Popular coins

Latest Crypto News

Read more