Ethereum big whale frequently active: taking profits and rolling positions to add more, total holdings exceed $160 million

NonFungibleDegen · 2025-12-30T04:20:12+00:00

A top trader has recently been frequently building short positions, initially making a profit of $3.08 million on ETH, then increasing the short position to $132 million. They continued adding to their positions on ZEC and MON, with ZEC short positions reaching $20.29 million, a floating loss of $4.48 million, while MON short positions yielded a profit of $2.95 million. The total account short positions increased from $113 million to $163 million.

NonFungibleDegen

2025-12-30 04:20:12

Abstract generation in progress

【Crypto World】A top trader labeled as “ZEC’s biggest short seller” has been making frequent moves recently. Last night, he took profits from an ETH short position, reducing his position by 1,008 contracts and earning approximately $3.08 million. However, this guy didn’t stop there—early in the morning, he directly re-established the short position, lowering the average price to $3,246.

Currently, his ETH short position on paper has reached a scale of $132 million, with unrealized gains accumulating to $14.23 million. He is also adding to his positions in ZEC and MON. His ZEC short position has surged to $20.29 million, with an average price of $419, currently showing an unrealized loss of about $4.48 million; the MON short position stands at $6.67 million, with an average price of $0.0304, and a paper profit of $2.95 million. He continues to increase his positions at this pace.

Looking back at this trader’s operations since he started shorting ZEC in October, he has hardly been idle. On December 17, he cut his ZEC short from $16.5 million to $9.1 million, and recently, he added more. The total short position across his entire account has grown from $113 million to $163 million, firmly making him the largest short seller among ETH, ZEC, and MON.

ETH1,02%

ZEC2,27%

MON-0,95%

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ZenMiner

· 10h ago

This guy is really never satisfied with greed. After taking profits, he wants to kill it again. A short position of 160 million is going to fight the coin price to the death.

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ChainComedian

· 10h ago

This guy really can't sit still. He takes profits and immediately shorts again, with such boldness it's unbelievable. The ETH short position size is 132 million USD. How much does that look down on the bulls? Dare to be so firm? On the ZEC side, there's an unrealized loss of 4.48 million and he's still adding more. Truly playing to the end. But honestly, ZEC has been short since October. If this position reverses, it must be really painful. MON, this small asset, is still generating positive returns, which counts as stable output. What is this big brother's risk management logic? Taking profits while increasing leverage—it's really making money to the point of getting a bit reckless. The rolling position strategy is quite clever, but for small retail investors like us, it’s something to be cautious about. Following the trend easily leads to a crash.

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MeltdownSurvivalist

· 10h ago

This guy just won't settle down. Cutting some meat and then adding more positions, it's truly a wild story of a bear market. Made 3.08 million and still want to go for another round. This mindset is really ruthless, just afraid of a reverse explosion one day. MON is quite comfortable, with a floating profit of 2.95 million backing it up, but the loss on ZEC is a bit severe. An ETH short position of 132 million, really bold. One reverse move and it’s back to break-even. Why does this pace feel like gambling with life... Since October, I've been targeting ZEC, you must be really bearish on it. With such a large position size, the market's sentiment could reverse at any moment and wipe out everything. Always thinking of that saying, bears always die before dawn. Forget it, traders of this scale are really beyond the reach of ordinary people like us. Taking profits and rolling over positions again, this routine looks familiar... and they all end up getting burned. A 160 million break, oh my god, this is truly risking everything.

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ruggedSoBadLMAO

· 10h ago

This whale really can't hold back, taking profits and then rolling positions to add more, is greed too much, swallowing an elephant? ETH short position with 130 million dollars floating profit over 14 million, such a big move... us small investors can only watch helplessly. ZEC is still losing, but still adding? This guy is really bearish to the end, a bit gambling spirit. True professional traders do this—take profits and then immediately re-enter the market, with a superb sense of rhythm. This brother's risk management is a bit wild, not enough with one coin, he has to diversify with multiple currencies for shorting, quite confident in his judgment. Rebuilding the short position at an average price of 3246, is this waiting for a rebound or just wanting to hold the ground? MON is actually making a profit, if it weren't for ZEC holding on stubbornly, this account would be even more profitable.

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MrDecoder

· 10h ago

This guy really isn't afraid of death. He took profit and immediately turned around to keep going. The whales are playing, and we're taking the hits. That's just how it is. A short position of 132 million USD... how strong must one's mental resilience be? ZEC is still showing unrealized losses and adding more. Is he confident or just throwing a tantrum?

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