## ZEC Short Selling Strategy, $288,830 Profit Realized—Reasons for Maintaining Leverage Positions

The move by a speculator called "Short ZEC Firmly" (0x7eb90) has attracted market attention. Recently, this trader liquidated part of their short position in Zcash (ZEC), realizing a profit of $288,830.

**Current Position Status**

Interestingly, even after taking profits, the trader continues to pursue an active short-selling strategy. They still hold a short position equivalent to approximately 3,000 ZEC, worth about $1.18 million, with double leverage. The entry average price was set at $472.91, and they currently have an unrealized profit of $230,000.

**Relation to Price Movements**

Considering that ZEC's current price is $406.37 (as of January 13, 2026), this trader's short position remains at a favorable level. The decline from the entry at $472.91 to the current price level indicates a clear position advantage.

**Insights from the Trader's History**

Historical data reveals interesting trends. This trader has consistently employed a short strategy on ZEC, executing seven short sales so far. They have never taken a long position. However, success has not come without setbacks; before realizing current profits, they experienced a cumulative loss of $508,000.

**Thoughts on Future Developments**

The key points moving forward are how much they can extend their unrealized profit of $230,000 and how much price fluctuation might occur until their position reaches zero. Continuing a high-risk strategy of leveraged short selling may reflect this trader's confidence or could indicate they are cornered—market movements could significantly change the situation.