A prominent cryptocurrency trader, dubbed the '100% Winning Rate Whale', has opened a significant short position on Zcash (ZEC). The trader has leveraged a 10x short position, holding 1,200 ZEC, which is valued at approximately $752,000 as of November 7. This move highlights the whale's bearish outlook on ZEC's near-term price movements.
Whale Initiates $752,000 Short Position on ZEC
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