CoinScoopWhale liquidates ZEC short position with $10.68 million loss
According to on-chain analyst EmberCN, a whale who held a ZEC short position for two weeks was forced to close it at $1,548 as the price rose to $1,584. The liquidation of the $24.43 million position resulted in a $10.68 million loss. The address, which previously maintained a 79% win rate and earned $9.11 million since June, faced imminent forced liquidation due to a liquidation price of $1,551.
Summaries are written by AI from the original article. Not investment advice.