ZEC's largest short whale takes profit, MON short order gains $685500

On January 19th, HyperInsight monitoring showed that ZEC's largest short whale address, 0xd475..., executed a partial take profit operation on its short position in MON, reducing its holdings of 23.0588 million MON short orders worth approximately $623300. After the operation, the total value of MON open positions at the address was approximately 1.8853 million US dollars, with a floating profit of approximately 685500 US dollars, a yield of 109.09%, and a liquidation price of 0.475 US dollars. This address is known for establishing large short positions on ZEC. It started short ZEC from $184 and suffered a loss of $21 million at one point. However, it successfully turned losses into profits and still holds large short positions on ETH and MON.