The largest ZEC short seller, identified by the address 0xd475, has taken partial profits on its Ethereum (ETH) short positions, realizing approximately $3.02 million. This move involved reducing the short position by 1,055.93 ETH, according to Hyperinsight monitoring data.
Despite this profit-taking, the address still holds a substantial ETH short position valued at $118.7 million, with current floating profits exceeding $11 million. Known for its significant short positions in ZEC, this trader previously turned a $21 million floating loss into a profit by shorting ZEC from $184.
Largest ZEC Short Seller Takes $3.02M Profit on ETH Shorts
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
