Post
Mahrosh Fatima
#ZEC38KShortClosed
🚨 $ZEC SHORT SQUEEZE: $35M LOSS
A massive $ZEC short position has finally been closed.
On-chain data shows Garrett Jin closed 38,000 $ZEC shorts near $1,459, after entering around $656 — an estimated $35.4M loss.
The key takeaway isn’t the loss itself:
🐋 Huge short closed
🔥 Short-covering pushed $ZEC toward $1,530
📈 Momentum remains strong
But now the real test begins:
Can spot demand keep $ZEC high after the short squeeze fades?
$ZEC $BTC
#BTC87KCryptoCap3T
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