Whale closes $24.43M ZEC short with $10.68M loss
- —$24.43M ZEC short closed forcibly at $1,548
- —Loss on the position was $10.68 million
- —Whale's prior win rate — 79%, profit since June — $9.11 million
Why it matters: The forced closure of a large short confirms the strength of the Zcash rally and the risk for bearish positions.
Source: PANews