BlockBeats News, December 2, according to Coinbob Popular Address Monitor, the ZEC short position of “ZEC&MON Largest Short” has been continuously closing for profit since yesterday’s turnaround from loss to profit. The position size has decreased from $23.21 million yesterday to $9.88 million, realizing a profit of over $5 million, with a remaining unrealized profit of $2.43 million (125%), and a weekly profit of $15.33 million.
The address previously opened a ZEC short position on October 10 at an entry price of around $184, and subsequently added to the position to average up, raising the average price to $419. On October 17, the address experienced a maximum floating loss of $21 million, resulting in a loss of nearly $3 million.
According to monitoring, the address is currently short on ETH, ZEC, MON, and HYPE simultaneously, with the main profit coming from the ETH short position, with a floating profit of $9.52 million (643%), a position size of about $22.16 million, and an average price of $4014. A recently opened 3x leveraged MON short position has a position size of around $6.14 million, with a floating profit of $1.82 million (89%), still holding the largest short position on ZEC and MON on Hyperliquid.
