Short ZEC + Long BTC hedging strategy, 37 million in profit didn't come easily

ZEC-1.77%
BTC-0.28%
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CoinNetwork
CoinWorld News, the main whale has increased its short position of ZEC by 858.92 coins on the HyperLiquid platform, approximately $585,624.80, with a total position size reaching $3,405,696.72. The average price has been adjusted from $674.36 to $673.78. The current profit and loss is +$21,184.94 (+6.22%), with the current coin price at $669.61 and the liquidation price at $2,201.21. This whale has long relied on market oscillations during downward trends, going long on BTC while shorting HYPE, with a total cycle profit exceeding $37 million.
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PlayingWithKnockoffsIs
· 21h ago
Just charge forward 👊
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