"ZEC&MON maximum short positions" take profit part ZEC short order profits exceed 5 million USD, simultaneously shorting MON unrealized gains nearly 2 million USD.

ZEC13,82%
MON6,56%
ETH3,59%
HYPE-0,7%

According to BlockBeats news on December 2nd, monitoring by Coinbob's popular address shows that the ZEC short order of “ZEC&MON Maximum Short” has continued to close positions and take profits after turning from losses to gains since yesterday, with the holdings scale dropping from 23.21 million USD yesterday to 9.88 million USD, recording a profit of over 5 million USD, and currently still having unrealized gains of 2.43 million USD (125%), with a weekly profit of 15.33 million USD. This address previously entered a position to short ZEC on October 10th, with an opening price of about 184 USD, and subsequently increased the position to average up to 419 USD; on October 17th, the unrealized losses peaked at 21 million USD, recording a loss of nearly 3 million USD. Additionally, monitoring shows that this address is currently shorting ETH, ZEC, MON, and HYPE simultaneously, with the main profit coming from the ETH short order, which has unrealized gains of 9.52 million USD (643%), with a holdings scale of about 22.16 million USD and an average price of 4014 USD. Their recently opened 3x leverage MON short order has a holdings scale of about 6.14 million USD, with unrealized gains of 1.82 million USD (89%), and it remains the largest short position for ZEC and MON on Hyperliquid.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Cardano Slides Despite Death Cross as Traders Eye Rebound Setup

Key Insights Cardano price declines persist as death cross forms, while reduced trading volume signals weaker participation and highlights cautious sentiment across the market. Large token transfers to exchanges influence the short-term outlook, as traders interpret whale activity as a

CryptoNewsLand1m ago

Bitcoin, stocks rise, oil slides, after report of Iran's willingness to end conflict

Bitcoin rose to $68,169.65, gaining nearly 2%, alongside U.S. stocks as Iran’s President hinted at potential conflict resolution. This sparked optimism, easing fears of disruptions in oil supply and negative impacts on global markets.

CoinDesk20m ago

The Definitive Stablecoin Landscape Series: North America

Stablecoins are undergoing an evolution into a foundational financial infrastructure. North America leads in development, focusing on regulated, compliant options. The market shows a shift with RLUSD gaining traction due to integration with Ripple, emphasizing real demand over exchange liquidity.

CoinDesk44m ago

Bitcoin Signals Potential Bottom As Long-Term Holders Capitulate

Bitcoin's Long-Term Holder Spent Output Profit Ratio (SOPR) has dipped below 1, suggesting a potential market bottom. As long-term holders face losses, historical patterns indicate this capitulation may lead to a strong recovery, presenting investment opportunities.

BlockChainReporter48m ago

BTC 15-minute rally up 1.02%: structural rebound driven by liquidity shortfalls converging with whale activity

2026-03-31 16:30 to 16:45 (UTC), BTC recorded a +1.02% return within the 15-minute candlestick timeframe. The price range was 66964.2 - 68012.0 USDT, with a swing of 1.56%. The short-term move has attracted market attention; overall volatility has increased. Funds temporarily flowed toward the long side, and trading activity rose month-over-month. The main driver behind this abnormal move is that exchange order book depth continues to decline, resulting in noticeably weaker liquidity. In this environment, limited buy-side demand is enough to amplify the price reaction, pushing BTC higher quickly in the short term. On-chain data shows,

GateNews55m ago

Ondo Gains Momentum as Franklin Templeton Boosts RWA Push

Key Insights: Ondo gains strength as the Franklin Templeton partnership pushes tokenized ETFs on-chain, lifting total value locked and expanding institutional access significantly. Futures open interest rises sharply while funding rates remain positive, showing increased trader

CryptoNewsLand1h ago
Comment
0/400
Vika005vip
· 2025-12-03 03:57
Jump in 🚀
View OriginalReply0
Graphicssourcebdvip
· 2025-12-02 04:33
HODL Tight 💪
Reply0
Graphicssourcebdvip
· 2025-12-02 04:33
HODL Tight 💪
Reply0