BlockBeats News, January 23 — According to Hyperinsight monitoring, the “ZEC Largest Short” address (0xd475…) partially took profits on its ETH short position, reducing its ETH short by 956.37 ETH, worth approximately $3.13 million. After the reduction, the ETH short position still amounts to $130 million, with current unrealized profits of about $14.3 million.
Within the following half hour, the address continuously increased its DASH long position, adding 4,476.76 DASH longs, valued at about $440,000. This operation increased its DASH long holdings to $1.85 million.
This address is known for establishing large-scale short positions on ZEC, having shorted ZEC starting at $184, and turning a profit after an unrealized loss of $21 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Contract Whale "Sets 10 Major Targets First" Flaunts Long Position Profits Exceeding $14.66 Million
Gate News reports that on March 17, a contract whale "Set 10 Big Goals First" (@jasonleo) posted a contract order screenshot on the X platform with the caption "Retreat." The screenshot shows that it went long on BTC and ETH at $67,900 and $1,935 respectively, and also went long on BNB. The three positions combined for a total profit of $14.66 million.
GateNews10m ago
BlackRock transferred 567 BTC and 22,657 ETH to a certain CEX, with a total value exceeding $94 million
Gate News reports that on March 17, according to Onchain Lens monitoring, asset management firm BlackRock deposited 567 BTC to a certain CEX, valued at approximately $41.78 million, while simultaneously transferring in 22,657 ETH, valued at approximately $52.40 million. The total value of both transfers exceeded $94 million.
GateNews11m ago
Bitmine Buys 60,999 ETH, Boosts Treasury to $11.5B
Bitmine purchased 60,999 ETH this week, raising total holdings to 4.59M ETH worth about $11.5B.
Around 3.04M ETH is staked across its validators, generating about $180M in annualized rewards.
The firm is nearing its 5% ETH supply target while expanding validator and equity investments.
Bit
CryptoFrontNews34m ago
South Korean Police Plan to Establish Guidelines for Seizing Privacy Coins; Virtual Assets Confiscated Over Past Five Years Valued at 545 Billion Won
The Korean National Police Agency is developing new virtual asset seizure management guidelines, incorporating handling of privacy coins for the first time. The new regulations will clarify software wallet management, address virtual asset custody gaps, and improve law enforcement efficiency. Police plan to designate private custodian institutions, while experts recommend establishing a centralized public custody mechanism to reduce risks. This reform has been prompted by recent Bitcoin theft incidents, driving the management system's transition toward the digital asset era.
区块客42m ago
Crypto Market Rally Has Begun With Bitcoin and Altcoin Prices Rising, ETH Pump Could Be Strong
Crypto market rally has begun with Bitcoin and altcoin prices rising.
Some expect the price of ETH to see a very strong pump.
Analysts debate the many possibilities of a bullish rally peak.
The crypto market seems to have already entered a promising bullish recovery phase. At the
CryptoNewsLand1h ago
