PANews reported on December 17th that, according to HyperInsight monitoring, the largest short seller of ZEC on Hyperliquid has been continuously reducing its ZEC short position since turning a profit yesterday. Compared to yesterday, its position size decreased from $16.5 million to $9.1 million, with an average price of $389. Subsequently, some of these funds were used to add to its short position on MON, which currently has a position size of approximately $9.2 million, a floating profit of $4.62 million (150%), and an average price of $0.0308. This address previously opened a short position on ZEC on October 10th at an opening price of approximately $184, and subsequently added to the position to average down the price. Its position had a floating loss of $21 million on October 17th, and its ZEC position size had reached as high as $43.2 million.

As of now, it continues to close out its short positions in ZEC and STRK. Currently, the account's main profit comes from short positions in ETH, with a position size of approximately $92.95 million, an average price of $3,377, and a floating profit of $13.86 million (224%). This address is currently the largest short seller of ETH, ZEC, and MON on Hyperliquid, with a total short position size of approximately $113 million.