Huo Xing Finance reports that on May 24, according to Lookonchain monitoring, trader Evaded (@ICanPlug) closed his Bitcoin short position at a loss of $320,000. He currently still holds a long position of 53,500 ZEC, valued at $34 million, with an unrealized loss of $763,000.
Trader Evades Closing BTC Short Position, Suffering $320,000 Loss
MarsBitShare
Summary
On May 24, 2026, trader Evaded closed a BTC short position, incurring a $320,000 loss, according to Lookonchain. This move underscores the risks of trading without a stop-loss strategy in volatile markets. Evaded still maintains a position in 53,500 ZEC, valued at $34 million, with a current unrealized loss of $763,000.
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