ME News reports that, on October 22 (UTC+8), according to Odaily monitoring, a contract address has accumulated total profits of approximately $121.9 million. Between 04:53 and 13:35 on October 22, 2026, it closed out ZEC short positions worth approximately $11.4033 million at an average execution price of about $1,309.16, resulting in a related closing loss of approximately $661,300; subsequently, it opened new ZEC short positions worth approximately $2.9364 million at an average execution price of about $1,313.63, net reducing its position by approximately 6,475.04 ZEC.
Address: 0x7fdafde5cfb5465924316eced2d3715494c517d1; Total P&L: $122 million (Source: ODAILY)
Address closes ZEC short position with $1.22M profit
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Summary
A crypto address closed a ZEC short position on October 22 (UTC+8), locking in a $1.22M profit. Between 04:53 and 13:35, it liquidated $11.4M in short positions at an average price of $1,309.16, incurring a loss of $661,300. It then opened a new short position of $2.94M at $1,313.63, net reducing its exposure by 6,475.04 ZEC. This move occurred amid shifting cryptocurrency price trends.
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