BlockBeats News, February 1st, according to Hyperinsight monitoring, the “ZEC maximum short” address (0xd475) partially took profits on its ETH short position, temporarily reducing 967.68 ETH shorts, worth approximately $3.11 million. After the reduction, the ETH short position still remains at a scale of $53.55 million, with current floating profit of about $18.43 million.
This address is known for establishing large-scale short positions on ZEC, having started shorting ZEC at $184, turning a loss of $21 million into a profit after the position moved in favor.
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