ZEC massive bearish whale new move: MON closed position with a profit of $620,000, floating profit rate surpassing 109%

PriceOracleFairy · 2026-01-19T05:50:11+00:00

On-chain monitoring data shows that a well-known short whale reduced its short position by 23,058,800 MON on January 19, cashing out $623,300, while still maintaining a short position worth $1,885,300, with unrealized gains of $685,500 and a return of 109.09%. The whale had previously taken a short position in ZEC, experienced unrealized losses, but successfully turned a profit and continues to be bearish on certain market sectors.

PriceOracleFairy

2026-01-19 05:50:11

Abstract generation in progress

【Blockchain Rhythm】On-chain monitoring data shows that the well-known large short whale (0xd475…) on ZEC has recently made a big move. On January 19th, this “largest ZEC short” partially took profit on his short position on MON, reducing his MON short by 23,058,800 tokens in one go, cashing out approximately $623,300.

It seems this whale is quite satisfied with the current gains. After the operation, the total value of his MON short position remains at $1,885,300, with unrealized profits accumulating to $685,500, and a return of 109.09%. However, he has not fully exited the market yet, with the liquidation price held at $0.475, indicating he still holds more chips waiting for further market opportunities.

This whale is a seasoned short seller. He started building his short position when ZEC was at $184, experiencing a temporary unrealized loss of $21 million, but ultimately turned the situation around to become profitable. To this day, he still holds large short positions in ETH and MON, clearly continuing to bet against certain sectors of the market.

ZEC-1,92%

MON-4,01%

ETH-1,97%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

5 Likes

Reward
5
5
Repost
Share

Comment

0/400

GasFeeTherapist

· 01-19 06:18

Damn, this whale is really ruthless. A 109% return rate isn't enough, and they haven't even fully withdrawn their chips.

View OriginalReply0

DeadTrades_Walking

· 01-19 06:07

Wow, a 109% return rate. This whale is really ruthless. From a floating loss of 21 million to now turning things around, the resilience is unmatched.

View OriginalReply0

SmartContractPhobia

· 01-19 06:01

This whale's mentality is so steady; a floating loss of 21 million was turned around forcefully. I need to learn from it.

View OriginalReply0

GateUser-afe07a92

· 01-19 05:59

This whale is really ruthless, taking profit of 620,000 in one go, and still holding chips to keep playing.

View OriginalReply0

MetaverseMortgage

· 01-19 05:59

Wow, this whale is really bold. With a floating profit of 109%, it still dares to hold chips and continue to manipulate. Aren't they afraid of being cut in reverse?

View OriginalReply0