ZEC's Largest Short Position Partially Profit-Taken, Worth $1.465M

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ZEC's price analysis indicates partial profit-taking from its largest short position, as the holder reduced 3,776.39 ZEC (approximately $1.465 million) within 30 minutes on January 13. The remaining short position is valued at $5.933 million, with a floating profit of 20%, amounting to $239,600. The short was initially opened at $184, where it once faced a $21 million loss. The address also holds significant short positions in ETH and MON.

BlockBeats News, January 13, according to... HyperInsight Monitoring It is shown that in the past 30 minutes, the "largest ZEC short whale" partially took profits from its ZEC short position, reducing its short position by 3,776.39 ZEC (approximately $1.465 million). Its current ZEC short position is still valued at around $5.933 million, with a floating profit of approximately $239,600 (20%), an average price of $419.89, and a liquidation price of $3,183.01.


This address is known for initiating a large short position in ZEC at $184, during which it once faced floating losses of up to $21 million, but later successfully turned the position from loss to profit. Currently, it also holds significant short positions in ETH and MON.

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