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.