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Whale "0x320" Closes $ZEC Short Position with $6.54M Loss, Total Losses Reach $9.6M

GateNews

2026-05-07 02:29:14

ZEC1.92%

BTC-0.46%

Gate News message, whale address “0x320” has fully closed its $ZEC short position, incurring a loss of $6.54 million. The whale’s cumulative losses have reached $9.6 million. Previously, as $ZEC rose, the whale deposited $4.997 million $USDC into HyperLiquid to avoid liquidation. At that time, the whale held an 18,286 $ZEC short position with 10x leverage, facing a floating loss exceeding $2.36 million and a liquidation price of $855.34. The whale also maintained a 61.69 $BTC position with 21x leverage. Source: Onchain Lens

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