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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
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