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Home News A trader is shorting $48.47 million worth of ZEC with 10x leverage, currently holding a $3.36 million unrealized gain.

A trader is shorting $48.47 million worth of ZEC with 10x leverage, currently holding a $3.36 million unrealized gain.

A trader is shorting $48.47 million worth of ZEC with 10x leverage, currently holding a $3.36 million unrealized gain.

BlockBeats News, November 18th, according to Onchain Lens monitoring, a trader’s short position was liquidated during a brief market rebound, resulting in a loss of over $3 million.

Subsequently, the trader opened a total of $48.47 million worth of ZEC short positions (leveraged 10 times) across 3 wallets, currently with an unrealized profit of $3.36 million.

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