Whale liquidates $24.43 million ZEC short position at $10.68 million loss

According to on-chain analyst Ember, a whale who held a ZEC short position for two weeks was forced to liquidate the $24.43 million position at a price of $1,548. The liquidation resulted in a realized loss of $10.68 million. Despite this loss, the trader previously maintained a 79% win rate, accumulating $9.11 million in profits since June.