The address that closed its ZEC long position yesterday after losing $846,000 has instead opened a short position of $2.66 million.
according to the on-chain analysis platform Lookonchain, the address starting with 0x152e liquidated its ZEC long position yesterday with a loss of 846,000 USD. As the price of ZEC rebounded, this address shorted 4,574.87 ZEC with 5x leverage in the past 40 minutes, worth approximately 2.66 million USD. At the same time, the address also went long on 367.36 BTC with 20x leverage, valued at about 31.63 million USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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