PANews, September 7: According to Lookonchain monitoring, trader 0x362a shorted 15,785 ZEC (worth $18.95 million) three days ago and is currently down $5.27 million. This trader had previously achieved 26 consecutive profitable trades.
Trader with 26 consecutive winning trades suffers $5.27M loss from ZEC short position
PANewsShare
Summary
A trader with 26 consecutive winning trades lost $5.27 million on a ZEC short position. The position, consisting of 15,785 ZEC ($18.95 million), was opened three days ago and signaled a sharp reversal in the crypto market. Altcoins to watch may face renewed pressure as volatility surges. The trader’s winning streak ended abruptly as ZEC prices surged unexpectedly.
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