The trader has cut large Zcash and Solana shorts to limit losses after facing Bitcoin liquidation, reducing remaining capital to under $300,000.
A monitored cryptocurrency address known as '冷静开单王' has reduced approximately 40,000 ZEC and 8,000 SOL short positions within three hours to avoid a total liquidation. The trader's Bitcoin shorts faced partial liquidation, resulting in a $1.35 million loss over 24 hours. Remaining funds stand at $290,000 following these moves, down from $640,000 previously reported.