Crypto界 News reports that the largest short seller MU’s short position in ZEC has seen its unrealized loss expand to $3.94 million, with a loss ratio of 72.57%. The short position’s average entry price is $774.99; the current ZEC price is $1,009.10; the liquidation price is $1,268.27; and the position size is $17,014,435.10. This address began shorting ZEC at $184, previously showing an unrealized loss of $21 million, then turning profitable, and recently becoming the largest long position in S&P 500, with a scale exceeding $70 million.

ZEC2.91%
SPYX1.41%
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OffshoreWindOrder
· 3h ago
Starting from 184 and holding until now, in the meantime I also trimmed out and went long on the S&P 500 for 70 million—the execution is really slick.
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FeeFiFoFum
· 3h ago
ZEC's trend is too unfriendly to the bears, if MU really gets liquidated, the 17M position crashing out is a scene I can't even imagine.
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Wax-SealedPrivateKey
· 3h ago
From a floating loss of 21 million dollars to turning a profit, now back down 72%, what a roller coaster ride.
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GateUser-f2d5f4c0
· 4h ago
This ZEC short on MU can’t hold much longer—the liquidation price at 1268 is set to rise another 25%, and it’s going to blow. A 72% loss rate is downright painful to look at.
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