
Trader XXAntiWar loses $398K on two Zcash shorts
- —Two ZEC shorts closed with a $398,000 loss over three days
- —Since early September, eight ZEC shorts: five profitable, three unprofitable, 62.5% win rate
- —The shorts were held as ZEC rose from $1,120.8 to $1,353
- —Total September profit on ZEC shorts was $437,000
Why it matters: It shows how Zcash's rally toward $1,400–1,500 is squeezing short sellers, adding pressure on bears in the asset.
Source: TokenPost