A major crypto whale has initiated significant short positions on Bitcoin (BTC), XRP, and Zcash (ZEC) with a total nominal value exceeding $190 million, according to Lookonchain monitoring. The whale's positions include a 40x short on BTC valued at approximately $148 million, with an entry price of $96,065.2 and a liquidation price of $97,707.42. Additionally, a 20x short on XRP is valued at around $27.38 million, with an entry price of $2.225 and a liquidation price of $2.5. The whale also holds a 10x short on ZEC, valued at about $20.4 million, with an entry price of $652 and a liquidation price of $763.