From a floating loss of $21 million to turning it around into a profit—this ZEC short seller’s patience is truly unbelievable. Now they’ve flipped and gone long on the S&P with $70 million; the pace switch is smooth to the point of absurdity.

ZEC-0.27%
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CoinNetwork
Crypto World News reports that the ASTER short position has reduced by 792,860 ZEC, approximately $532,257.03 USD, with a current holding value of $2,129,502.43 USD, an average price of $0.70 USD, and a current profit and loss of +$90,159.09 USD (+12.70%). The current price of the coin is $0.67 USD, and the liquidation price is $4.80 USD. This address shorted ZEC starting at $184 USD, once experiencing an unrealized loss of $21 million, later turning profitable, and recently becoming the largest long position in the S&P 500, with a scale exceeding $70 million USD.
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