The short position was closed at a loss of $3.8 million. This ZEC rebound has buried karna0x quite deep; on-chain monitoring is more honest than candlestick charts.

ZEC-5.00%
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CoinNetwork
CryptoWorld News reports that, according to onchain lens monitoring, the wallet associated with karna0x has completely closed out its ZEC short positions, incurring losses of over $3.8 million.
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