Whale whale ZEC short positions partially take profit, floating profit of $239,600

【BlockBeats】Monitoring data shows that in the past half hour, a well-known ZEC short whale has adjusted its position. This whale address reduced its holdings by 3,776.39 ZEC, approximately worth $1,465,000, partially taking profits on its short positions.

Currently, this short has about $5.933 million in ZEC short positions, with an unrealized profit of around $239,600, maintaining a return of about 20%, with an average price around $419.89. Based on a liquidation price of $3,183.01, there is still a considerable safety margin.

This address is quite famous in the crypto market — it started shorting ZEC massively from the $184 level, was temporarily underwater with a floating loss of $21 million, but later turned losses into gains. Now, this whale not only maintains a large short position in ZEC but also holds sizable short positions in ETH and MON, indicating a relatively clear bearish outlook on the overall market.

ZEC1,9%
ETH6,32%
MON4,93%
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
MevShadowrangervip
· 01-13 09:26
This guy is really impressive. He started shorting at $184 million, got caught with a 21 million loss, and still managed to turn a profit. He's still holding such a large position... Time to watch the show.
View OriginalReply0
metaverse_hermitvip
· 01-13 09:25
This whale's mentality is really solid. Even with an unrealized loss of 21 million, they can still hold on. I need to learn from this...
View OriginalReply0
GateUser-ccc36bc5vip
· 01-13 09:22
This guy really has incredible mental strength. He was stuck with 21 million and still managed to turn a profit. I’m honestly speechless.
View OriginalReply0
MetaNomadvip
· 01-13 09:19
This guy is really tough. He was stuck with 21 million but managed to turn it around. How strong must his mental resilience be?
View OriginalReply0
POAPlectionistvip
· 01-13 09:01
This whale is really ruthless, went from $184 to now, and even withstood a floating loss of 21 million in between, turning things around forcefully. Impressive.
View OriginalReply0
GasFeeVictimvip
· 01-13 08:59
Wow, this guy started shorting ZEC at 184? Still able to turn a profit after a floating loss of 21 million. His mental resilience must be strong.
View OriginalReply0
MEVHuntervip
· 01-13 08:57
yo this whale's still sitting on 5.93M in ZEC shorts... that's not a position, that's a *statement*. 20% gains and they're already scaling? amateur move tbh. the real play was holding through that 21M drawdown, that's where the conviction lives. now they're hedging across ETH and MON too? spreads are narrowing, they know something's shifting in the mempool.
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)