Significant Loss Reported by Trader Who Shorted ZEC
5 Articles
5 Articles
Zcash Price: Garrett Jin Adds to $47M Losing Short Position
The post Zcash Price: Garrett Jin Adds to $47M Losing Short Position appeared first on Coinpedia Fintech News Trader Garrett Jin has increased his Zcash (ZEC) short position on Hyperliquid to 39,760 ZEC, worth about $47.22 million. The position has a liquidation price of $2,292 as ZEC trades around $1,190. Jin’s ZEC short has moved deeply underwater as the token surged from levels below $1,000. Jin has previously made more than $11 million …
Zcash (ZEC) advanced 17,07% in 24 hours to negotiate around $1,192,56, driven by an intense shortsqueeze that already cost USD $5.27 million to a trader with 26 consecutive winning transactions. With an open interest above USD $2.3 billion, volume 160% above its monthly average and returns of 134% in 30 days, the active leader of the privacy sector has become the most aggressive momentum story in the market. This report breaks down catalysts, te…
Significant Loss Reported by Trader Who Shorted ZEC
A trader faces a $5.27M loss after shorting ZEC, reflecting ongoing market volatility. Here's how traders are reacting.
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