Whale strikes again with ZEC: 2x leverage shorting 3.7 million coins, the eighth attempt after a historical loss of 500,000

2026-01-07 04:00:16

Abstract generation in progress

【Blockchain Rhythm】On-chain monitoring data shows that a short-selling expert has launched a new round of positioning in the ZEC market. This whale address just stopped out of a previous ZEC short position yesterday, and this morning re-entered the market—shorting 3697.06 ZEC with 2x leverage, worth approximately $1.83 million, with an average entry price of $507.66. Currently, they have realized a floating profit of $41,000.

What is even more noteworthy is this trader’s historical performance. According to on-chain data, this address has conducted 7 ZEC short operations and has never taken a long position, clearly very bearish on the future prospects of this coin. However, sticking to this one-sided strategy has not come without costs—total losses have reached $508,000. Whether they can turn things around this time depends on the market trend.

ZEC-10,34%

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tx_pending_forever

· 20h ago

A loss of 500,000 USD and still pushing forward—how deep is this obsession... I believe he'll turn things around, but I also have to admire his mental resilience.

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SchroedingerAirdrop

· 01-07 04:30

Huh? This guy is back again. Seriously, I don't understand the rhythm of going all-in in one shot.

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GateUser-c799715c

· 01-07 04:28

This guy is really persistent, even losing 500,000 and still stubbornly holding ZEC short positions. I just want to know if he can turn a loss into a profit this time.

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NeverVoteOnDAO

· 01-07 04:20

It's the same guy again. He's already lost over 500,000 in ZEC but still stubbornly shorting. Will he break even this time?

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aman1768

· 01-07 04:12

This coin should be cut; it's clearly a manipulated pump and dump, specifically targeting whales.

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MetaEggplant

· 01-07 04:02

I just want to ask, does this guy really have an obsession with ZEC, or is it just pure gambler's mentality? Losing over 500,000 and still coming back?

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