ZEC largest short position takes profit, ETH short position about $3.11 million, current unrealized profit still reaches $18.43 million
According to ChainCatcher, monitored by Hyperinsight, the largest ZEC short address (0xd475) partially took profit on its ETH short position, reducing its ETH short by 967.68 ETH, worth approximately $3.11 million.
After the reduction, the ETH short position at this address still amounts to $53.55 million, with a current floating profit of about $18.43 million. This address is known for establishing large-scale short positions on ZEC, having started shorting ZEC from $184, and turned a $21 million floating loss into a profit.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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