From a floating loss of 21 million to a profit of 370k, this wave of ZEC short positions is a textbook-level reversal, a true textbook example of a bearish turnaround.

ZEC5.27%
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CoinNetwork
Crypto界网消息,CL short position announced take profit on-chain Wall Street Express, reducing 8,657.21 ZEC, approximately $940,561.68. The current position size is $7,221,890.45, with an average price of $101.43, and current profit and loss is +$371,516.95 (+7.30%), with the current price at $96.47 and liquidation price at $160.42. This address shorted ZEC starting at $184, once floating loss $21 million, then turned profitable, recently becoming the largest long position in the S&P 500, with a scale exceeding $70 million.
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