2025-12-30 06:22:38

A major whale who gained widespread attention for shorting ZEC made a new move last night. The whale first reduced his ETH short position by 1,008 ETH to lock in profits, realizing approximately $3.08 million in gains. But he didn't stop there; instead, he quickly added to his position in the early morning hours. This time, he lowered the average cost of his ETH shorts to $3,246, bringing the total ETH short position to $132 million, with unrealized profits of up to $14.23 million.

Even more aggressive actions followed. The whale simultaneously increased his short bets on ZEC and MON. The total ZEC short position has expanded to $20.29 million, with an average price around $419, currently showing an unrealized loss of about $4.48 million. The MON short position has reached $6.67 million, with an average price of $0.0304, and an unrealized profit of approximately $2.95 million. As of now, he continues to add to his positions.

Reviewing this whale's trading history reveals that since starting to short ZEC in October, his activity has been unusually frequent. On December 17 last year, he reduced his ZEC short position from $16.5 million directly down to $9.1 million, and recently, he increased his position again. His total short holdings have risen from $113 million to $163 million, making him the recognized largest short seller of ETH, ZEC, and MON on the platform.

What does this persistent short-selling strategy ultimately indicate?

ZEC-2.26%

ETH1.27%

MON-2.69%

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NotSatoshi

· 12h ago

This guy is really bold, doubling his short positions directly. Isn't he afraid of a flash crash?

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ProveMyZK

· 12h ago

This guy is really ruthless. The short position size doubled directly. Either he saw something we didn't, or he's betting big on a gamble.

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MrDecoder

· 12h ago

This guy is really bold, adding to a short position of 163 million and directly risking his life.

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CoconutWaterBoy

· 13h ago

This guy is really ruthless. Locking in 3.08 million isn't enough, and he turns around to throw more money into short positions... I just want to ask, is ZEC really that bearish?

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LazyDevMiner

· 13h ago

This guy is really ruthless, making 3.08 million in one shot and still adding more. He's got some skills. --- Floating loss of 4.48 million but still daring to pile up? How bearish is he on ZEC? --- A short position of 163 million... I just want to know if he's really predicting the future or just gambling on luck. --- The most ridiculous thing is locking in profits and immediately adding to the position, probably afraid of missing the downward move. --- His trading frequency is dizzying to watch. Who did ZEC offend? --- From the moment he became the biggest short, he's basically betting on the consensus in the crypto circle. --- The question is, did this guy really see it right, or is his account big enough to influence the price? --- Persistent short strategy... in plain terms, betting that the entire market will go down. --- A short of 1008 ETH, and the profit hits 3 million directly. How do they live like this? --- ZEC average price of 419 with floating loss—are they really uncertain or betting on a rebound?

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