The trader, known for aggressive high-leverage shorts, has added a large ETH short to their positions, signaling continued bearish bets across major cryptocurrencies.
On Jan. 28, Hyperinsight reported that the former largest ZEC short address reopened a 5x leveraged position totaling 2,822 ZEC worth $1.1012 million. On Jan. 29, lookonchain disclosed that the same address, known as 'ETH super short' 0x20c2, had gained over $80.9 million shorting Ethereum (ETH) on Hyperliquid since 2024, with leverage now reduced from 50x to 25x. On Jan. 30, HyperInsight detected the same trader shorting 601.94 ETH at $2,730.93 with 25x leverage, posting slight unrealized gains. The address consistently employs high-leverage strategies and executes large-scale trades.