ZEC Largest Short Position Take Profit of $3.02 Million ETH Shorts

On January 24, crypto information monitoring showed that the largest short address 0xd475 of ZEC executed partial take profit on ETH short positions, temporarily reducing 1055.93 ETH shorts worth approximately $3.02 million. After the reduction, the ETH short position of this address still amounts to $118.7 million, with a current floating profit of about $11.04 million. This address is known for establishing large-scale short positions on ZEC, having started shorting ZEC at $184, and turning a profit after initially losing $21 million.