A prominent short seller, known for its significant position in ZEC, has partially taken profits from its MON short positions. The entity, identified by the address 0xd475, reduced its MON short contracts by 23,058,800, valued at approximately $623,300. Despite this reduction, the total value of its MON short position remains around $1.8853 million, with a floating profit of about $685,500, reflecting a return rate of 109.09%. The liquidation price for this position is set at $0.475.
This address is notable for its extensive shorting activities, having previously established a large short position in ZEC, which initially resulted in a floating loss of $21 million before turning profitable. The trader continues to hold substantial short positions in both ETH and MON.
Major ZEC Short Seller Takes Partial Profits on MON Short Position
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