ZEC's Largest Short Seller Takes $3 Million Profit on ETH Before Rebuilding Position, Continues to Increase Short Positions in ZEC and MON

According to Coinbob's popular address monitoring, the whale identified as the largest short seller of ZEC partially took profits on ETH shorts last night, then rolled over the position in the early morning to replenish it, currently continuing to increase short positions in ETH, ZEC, and MON. It first reduced 1008 ETH shorts, realizing a profit of approximately $3.08 million. Subsequently, it rebuilt the position in the early morning, lowering the average cost of ETH shorts to $3246. Its total ETH short position is currently around $132 million, with a floating profit of $14.23 million.

At the same time, the whale further increased short positions in ZEC and MON. Its total ZEC short position has reached $20.29 million, with an average price of $419, and a floating loss of approximately $4.48 million; the total MON short position is $6.67 million, with an average price of $0.0304, and a floating profit of around $2.95 million. It is still continuing to increase positions as of the time of writing.

Since opening short positions on ZEC in October, this address has been actively trading, reducing the short position size from $16.5 million to $9.1 million on December 17, and recently adding more. Its total short position has increased from $113 million to $163 million, making it the largest short seller of ETH, ZEC, and MON on the platform.

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