Postaus

ZEC SHORT IS NOW DOWN $33.7M One of the largest ZEC short positions in the market is reportedly sitting on an unrealized loss of approximately $33.66 million. The trader is holding a 38,000 ZEC short with 3x cross leverage. The position entered around $671. ZEC has since climbed toward the $1,557 area. This is what extreme momentum can look like from the other side of the trade. $ZEC isn't just moving, it's putting serious pressure on shorts. #ZEC1600LongShortBattle #SaudiEuropeOilRisk