On May 6th, according to Hyperinsight monitoring, during a significant rebound in ZEC prices, the "ZEC largest short" was forced to resort to its old tactics, restarting the position expansion and averaging mode, continuously increasing short positions at a rate of about 2,000 coins per hour (approximately $1 million).

The position increase continued until four hours ago, with the short position size now pushed up to $12.6 million, the average price rising to $461, and an unrealized loss of about $2.4 million. This round of short positions was opened on March 10th, at an entry price of around $210, just near a recent low point.

The address is named after its activity on October 10th last year, when it shorted ZEC at an opening price of $184, continuously adding to the position to average down and raising the average price. The unrealized loss once reached as high as $21 million, but with sufficient funds, the average price was gradually averaged down to $419, eventually closing the position in December with a profit.

Address: 0xd47587702a91731dc1089b5db0932cf820151a91#Gate广场五月交易分享