Trader With 89% Win Rate Loses $10.68 Million Shorting Zcash
Zcash (ZEC) has climbed 177.8% in a month, and the traders betting against it are paying for that move. One short was closed at a $10.68 million loss this week, and the largest position still open sits $33.87 million underwater on Hyperliquid. Zcash Shorts Collapse as the Token Jumps 177% in a Month Lookonchain flagged The post Trader With 89% Win Rate Loses $10.68 Million Shorting Zcash appeared first on BeInCrypto.
Key Takeaways
- Zcash (ZEC) has climbed 177.8% in a month, and the traders betting against it are paying for that move.
- One short was closed at a $10.68 million loss this week, and the largest position still open sits $33.87 million underwater on Hyperliquid.
- Zcash Shorts Collapse as the Token Jumps 177% in a Month Lookonchain flagged The post Trader With 89% Win Rate Loses $10.68 Million Shorting Zcash appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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