The dog-park (scumbag dealer) is really shameless.

While the whole market is pulling back, only it is stubbornly dragging things up, with a completely different trend from the broader market. The shorts were blown out long ago, and the longs’ unrealized profit has already reached 140 million. I just want to know—who will eventually cash out that money?

I casually checked the “smart money.” The long side’s average cost is only a little over a thousand, and they’re collectively in profit. The short side’s average price is over 1,400; they’ve been losing badly for a long time. The long-to-short ratio is pulled to ridiculous levels—about ten long positions squeeze into one short position.

To put it plainly: with 140 million in unrealized gains sitting there, and the shorts left with only that little bit of positioning—how are they going to cover? If the dog-park pulls up one more rally, the remaining short positions will have to get buried together. Then who will take over the extra profits later?

How long have people been talking about the Grayscale ZCSH fund news? The good news has already been digested. What’s happening now is basically the money inside just enjoying itself. Don’t go short and don’t chase it either—watching from the sidelines is the safest.

Are any brothers still shorting ZEC right now? Drop your entry price so I can open my eyes.

$ZEC #ZEC #合约 #狗庄 #short