Whale Large-Scale Position Increase: ZEC Shorts Surge by $920,000, Cumulative Profit Over $80 Million in Recent Years

【Blockchain Rhythm】On-chain monitoring data shows that within the past hour on January 8, a well-known short trader has been continuously increasing their ZEC short positions, adding approximately 2024 coins in the short term, equivalent to $920,000. As of press time, their total ZEC short position value has surged to $1.51 million, with an average cost of about $480, and an unrealized profit of approximately $94,000.

This trader’s actions go far beyond that. From last night to this morning, they have also been continuously expanding their short positions in BTC and DOGE. Currently, the BTC short position is about $8.2 million with an average price of $91,800; the DOGE short position is about $1.62 million with an average price of $0.147.

What is even more noteworthy is this institution’s long-term strategy. Since November, it has established short positions on over 20 altcoins, with an initial deployment scale of about $20 million. After continuous adding and opening new positions, the total position size has expanded to $56.5 million. The most astonishing part is that this address has accumulated profits of over $80 million in the past year and is currently the largest short holder of LIT tokens on the Hyperliquid platform.