Trader reduces ZEC short positions to take profits, with current unrealized gains of $230,000
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On January 12, according to Hyperinsight monitoring, the trader address 0x7EB9…90, known for "firmly shorting ZEC," reduced its ZEC short position and realized a profit of $288,300. Currently, the address is still shorting 3,000 ZEC (approximately $1.18 million) with 2x leverage, with an average entry price of $472.91, and an unrealized profit of $230,000. This address has previously shorted ZEC seven times, never going long, with a cumulative loss of $508,000.
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