๐Ÿ”ฅ **Updated Latest News: MON Whale Deep in the Red as Unrealized Losses Hit โ€“$704K**

A major **$MON whale is facing massive pressure**, trapped in a long position that has been bleeding for over a month.

The whale entered a **1ร— isolated long at $0.144944 on October 8**, but with MONโ€™s mark price now at **$0.0325**, their unrealized loss has exploded to **โ€“$704,662**, reflecting a staggering **โ€“346% ROE**.

### ๐Ÿ“‰ Key Developments:

* The whale currently holds **6,265,342 MON**, valued at just **$203.4K**.

* From **Oct 9 to Nov 11**, they attempted damage control, closing multiple tranches of **100Kโ€“181K MON**, but only managed to realize **$47,396 in losses**.

* No dip-buying, no averaging down โ€” the strategy has been **pure risk-reduction**, yet the core position remains heavily underwater.

* Market analysts say this is one of the **largest stuck MON long positions** on-chain this month.

### ๐Ÿงจ Whatโ€™s Next?

The whale now faces a pivotal moment:

**Capitulate now and lock in massive lossesโ€ฆ or hold and pray for a MON recovery?**

Market sentiment remains mixed, with volatility increasing around MON ecosystem discussions.

#MONWhale #CryptoAlert #MonadEcosystem #MarketPressure #WhaleWatch