On January 8th, on-chain data shows that a seasoned short seller has increased their ZEC short position again within the past hour, adding approximately 2024 coins (worth $920,000) in just 60 minutes. Even more interesting is that this user continues to add to their position, showing no intention of stopping.

As of now, their total ZEC short position is valued at $1.51 million, with an average entry price of $480, and an unrealized profit of about $94,000. But this is just the tip of the iceberg — last night through this morning, they also continued to increase their short positions in BTC and DOGE.

Specifically: the BTC short position is approximately $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. These figures reflect a highly aggressive strategy — not just betting on a single asset, but systematically shorting multiple hot assets.

What’s even more noteworthy is this user’s long-term track record. Since November, they have established short positions on over 20 altcoins, with an initial scale of about $20 million. Through continuous adding and opening new shorts, the total position has expanded to $56.5 million. Over the past year, this trader’s cumulative profit has exceeded $80 million, and they are currently the largest short on LIT tokens on a major derivatives platform.