After taking profits on $3 million worth of ETH, the "biggest ZEC short seller" reversed his position and continued to add to his short positions in ZEC and MON.

This article is machine translated
Show original

[“ZEC’s Largest Short Seller” Takes Profit of $3 Million in ETH and Rolls Back Positions, Continuing to Add to Short Positions in ZEC and MON] According to Mars Finance, on December 30th, Coinbob’s monitoring of popular addresses showed that a whale labeled as “ZEC’s largest short seller” partially took profit on its ETH short positions last night, and then rolled back its positions in the early morning, currently continuing to add to its short positions in ETH, ZEC, and MON. It first reduced its ETH short positions by 1008 ETH, realizing a profit of approximately $3.08 million. Then, in the early morning, it re-established its positions, lowering the average cost of its ETH short positions to $3246. Currently, its total ETH short positions amount to approximately $132 million, with a floating profit of $14.23 million. At the same time, this whale further increased its short positions in ZEC and MON. The account's total short position in ZEC has reached $20.29 million, with an average price of $419 and a floating loss of approximately $4.48 million; its total short position in MON has reached $6.67 million, with an average price of $0.0304 and a floating profit of approximately $2.95 million. As of press time, the account is still adding to its short position. This address has been trading frequently since opening a short position in ZEC in October, having previously reduced its short position from $16.5 million to $9.1 million on December 17th, and recently increased it again. Currently, its total short position has increased from $113 million to $163 million, making it the largest short seller on the platform for ETH, ZEC, and MON.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments