- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
"The 'ZEC Whale Short' Partially Takes Profit on MON Short, Cashing Out Nearly $1.47 Million"
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
SlowMist Unveils Linux Snap Store Attack Targeting Crypto Wallet Phrases
Key Takeaways: A newly identified threat vector on Linux’s Snap Store exploits trusted applications to target crypto recovery…
South Korea considers changing the one-bank rule for crypto exchanges: An In-depth Review
Key Takeaways: South Korea is examining the current “one exchange–one bank” model amidst concerns of market concentration, potentially…
Fact Check: How Much Money Did the University of Chicago Lose in its Crypto Investment?
80% of oil income settled in stablecoins, Venezuela makes USDT its second currency
AI Crypto Trading in 2026: How AI Assistants Are Reshaping Trading Platforms and Strategies
Learn how AI assistants support crypto trading decisions, improve risk awareness, and are becoming part of modern trading platforms and exchanges.
Payment Going Global: The Honest Man's Endurance Race
Coin Ownership or Equity Ownership? The Real Question Is Being Asked Wrong
Privacy Lane, a16z's Key Trends for 2026
Dissecting Polymarket's Top 10 Whales' 27,000 Transactions: The Smart Money Mirage and the Law of Survival
Hong Kong Virtual Asset Trading Platform New Regulations (Part 2): New Circular Issued, Has the Boundary of Virtual Asset Business Been Redefined?
Hong Kong Sets Sights on 2026 Legislation for Virtual Asset Regulation
Key Takeaways Hong Kong is poised to introduce legislation in 2026 targeting virtual asset dealers and custodians. The…
Philippines Cracks Down on Unlicensed Crypto Exchanges: Coinbase and Gemini Blocked
Key Takeaways The Philippine government is increasing regulatory oversight on cryptocurrency exchanges, requiring local licenses for operations. Internet…
Hong Kong Moves Forward with Licensing Regimes for Virtual Asset Dealers and Custodians
Key Takeaways Hong Kong’s FSTB and SFC are implementing new licensing requirements for virtual asset dealers and custodians…
WEEX has completed a $2 million WXT buyback to reward users for their support of "Liquidity Mining."
Japan’s new crypto tax could wake ‘sleeping giant’ of retail investors
Key Takeaways Japan’s planned reduction in taxes on cryptocurrencies could trigger significant growth in retail investor participation within…
Crypto Whale Eyeing Acquisition of Juventus: The Battle Between European New Money and Old Money
Huobi HTX Officially Approved for Exchange Platform License Registration
Japan’s New Crypto Tax: A Potential Catalyst for Retail Investment Boom
Key Takeaways: Japan’s proposed tax reduction on crypto assets from 55% to 20% is expected to drive a…
SlowMist Unveils Linux Snap Store Attack Targeting Crypto Wallet Phrases
Key Takeaways: A newly identified threat vector on Linux’s Snap Store exploits trusted applications to target crypto recovery…
South Korea considers changing the one-bank rule for crypto exchanges: An In-depth Review
Key Takeaways: South Korea is examining the current “one exchange–one bank” model amidst concerns of market concentration, potentially…
Fact Check: How Much Money Did the University of Chicago Lose in its Crypto Investment?
80% of oil income settled in stablecoins, Venezuela makes USDT its second currency
AI Crypto Trading in 2026: How AI Assistants Are Reshaping Trading Platforms and Strategies
Learn how AI assistants support crypto trading decisions, improve risk awareness, and are becoming part of modern trading platforms and exchanges.
App