Whale Opens 2,000 ZEC Short Position with 10x Leverage After 14 Consecutive Long Losses

ZEC-0.04%

According to Hyperinsight data, a whale address incurred losses on all 14 long positions yesterday, then shifted to shorting over the past hour. The whale opened a 2,000 ZEC short position with 10x leverage, with a total position size of approximately $1.2 million and an average entry price of $614.9, currently showing a 20% unrealized gain.

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