The whale's ZEC short position is really solid, securing a 123% profit, with the liquidation price pushed above $2,300, a textbook example for bears.

CoinJie.com news: the “giant whale” took profit on its ZEC short position and reduced holdings by 2,975.24 ZEC, about $1,770,437.05. The current position size is $5,067,956.02, the average price is $671.36, and the current profit/loss is +$623,672.41 (+123.06%). The current coin price is $597.79, and the liquidation price is $2,301.71. This whale has long relied on the market’s downward volatility, going long on BTC while also shorting HYPE; profits over the full cycle exceed $37 million.