A trader known as "Short ZEC Firmly" (0x7eb90) has reduced their short positions in Zcash (ZEC), securing a profit of $288,830. Despite this reduction, the trader maintains a short position of 3,000 ZEC, valued at approximately $1.18 million, with 2x leverage. The average entry price for this position is $472.91, and it currently shows a floating profit of $230,000. Historically, this trader has shorted ZEC seven times without taking long positions, accumulating losses of $508,000 prior to this profitable trade.