THE $ZEC SHORT IS NOW DOWN $26M+
Garrett Jin , reportedly the largest on-chain $ZEC short, just added to his bearish position.
He now holds a 37,760 $ZEC short worth approximately $51.5M.
His liquidation price? $2,631.53.
The interesting part: he added more 11 hours ago, despite the position already being down over $26M.
Is this a calculated bet on a $ ZEC pullback, or is he making the squeeze even more expensive?
Would you hold a $51.5M short through this kind of pressure?
Bullish on ZEC or waiting for the short to get liquidated?
Garrett Jin , reportedly the largest on-chain $ZEC short, just added to his bearish position.
He now holds a 37,760 $ZEC short worth approximately $51.5M.
His liquidation price? $2,631.53.
The interesting part: he added more 11 hours ago, despite the position already being down over $26M.
Is this a calculated bet on a $ ZEC pullback, or is he making the squeeze even more expensive?
Would you hold a $51.5M short through this kind of pressure?
Bullish on ZEC or waiting for the short to get liquidated?
