Huo Xing Finance reports, according to Onchain Lens monitoring, the whale Evaded (@ICanPlug) has closed its long positions in ZEC and BTC, incurring a loss of $4.83 million. Subsequently, it opened a new short position of 940 BTC with 30x leverage, valued at $71 million. Its cumulative losses now exceed $3.69 million.
Whale Avoids ZEC and BTC Longs, Suffers $4.83M Loss, Opens 940 BTC Short Position
MarsBitShare
Summary
Whale trading activity on ZEC and BTC, according to Onchain Lens, saw Evaded (@ICanPlug) close long positions with a $4.83 million loss. The whale then opened a 30x leveraged short of 940 BTC, valued at $71 million, adding to cumulative losses of $3.69 million. Position trading data indicates a sharp strategic shift amid market volatility.
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