"Insider whale 1011" boosts ZEC short: loss exceeds $22 million
- —Short position of 37,759.57 ZEC worth about $47.21 million
- —3x leverage, unrealized loss of more than $22 million
- —Position ROI stands at -140.22%
- —The position was increased a week after the previous increase
Why it matters: A large ZEC short amid the coin's rally shows that some whales are betting against the privacy-coin surge but are suffering serious losses.
Source: PANews