BlockBeats News, January 24th, according to Hyperinsight monitoring, the "ZEC Largest Short" address (0xd475) partially took profit on its ETH short position, reducing 1055.93 ETH shorts in the short term, worth about $3.02 million. After the reduction, the ETH short position still amounts to $118.7 million, with a current unrealized profit of about $11.04 million.
This address is known for building a large short position on ZEC, starting to short ZEC from $184 and turning its loss of $21 million into a profit.
