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Whale Opens $40.26M BTC Short Position, Holds $33.3M ZEC Long

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Whale activity saw a major move as Whale Evaded opened a 40x short position of 525.34 BTC, valued at $40.26 million, one hour ago. The same whale also executed position trading by opening a 5x long position of 53,500 ZEC, worth $33.3 million, two days ago. That ZEC position is now down over $1.48 million.

Odaily Planet Daily reports, according to Onchain Lens monitoring, Whale Evaded (@ICanPlug) opened a 40x leveraged short position of 525.34 BTC one hour ago, with a position value of approximately $40.26 million.

Additionally, two days ago, it opened a 5x leveraged long position of 53,500 ZEC, with a position value of approximately $33.3 million; the current unrealized loss on this position exceeds $1.48 million.

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