ZEC maximum short profit-taking ETH short position approximately $3.02 million, current unrealized profit still exceeds $11 million

MarsBitNews · 2026-01-24T10:54:00+00:00

According to Mars Finance, the largest short address of ZEC recently reduced its ETH short position by 1,055.93 ETH, worth approximately $3.02 million. The current ETH short position remains at $118.7 million, with floating profits of about $11.04 million. This address is known for its ZEC short positions and has previously realized profits after experiencing significant unrealized losses.

MarsBitNews

2026-01-24 10:54:00

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Mars Finance reports that according to Hyperinsight monitoring, the ‘ZEC largest short’ address (0xd475) has partially taken profits on its ETH short position, temporarily reducing by 1,055.93 ETH shorts, worth approximately $3.02 million. After the reduction, the ETH short position still amounts to $118.7 million, with current floating profits of about $11.04 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 their favor.

ZEC-1.64%

ETH0.2%

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