A prominent trader closed a $24.43 million ZEC short position at $1,548, realizing a loss of $10.68 million after holding the trade for two weeks. The forced exit came as ZEC price action moved sharply against the bearish bet.
Despite this significant loss, the whale maintained a strong historical performance with a 79% win rate and had accumulated $9.11 million in profits since June prior to the ZEC position liquidation.
Whale Closes $24.43M ZEC Short at $10.68M Loss After Price Surge
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