$ZEC has pushed above $1,200, putting a major whale short deep underwater.
Garrett Jin reportedly holds a 32,760 ZEC short opened around $444, with unrealized losses now near $25.7M.
The token has gained about 134% in 30 days, while open interest reached a record $2.4B.
This shows how quickly leveraged positions can become risky when momentum moves strongly against traders.
Garrett Jin reportedly holds a 32,760 ZEC short opened around $444, with unrealized losses now near $25.7M.
The token has gained about 134% in 30 days, while open interest reached a record $2.4B.
This shows how quickly leveraged positions can become risky when momentum moves strongly against traders.