Markets· ★★· bearish·

Trader XXAntiWar shorts ZEC again with $4.11M position at 3x leverage

  • —Short of 3,356.65 ZEC at 3x leverage worth $4.11M, entry at $1,221.43
  • —Trader closed a ZEC short 14 hours ago for a $545K profit
  • —13 ZEC trades since September: 61.5% win rate (8 wins, 5 losses)
  • —84.6% of the trader's ZEC positions were shorts; total profit $216K
Why it matters: A prominent systematic ZEC short seller is adding to a bearish bet after the token rallied above $1,200, potentially adding selling pressure.
Source: PANews