CoinWorld News: The trader mu, who was previously heavily short, recently reduced their short position by 1,868.58 contracts, roughly equaling $2,234,057.49. Their current position size is $16,630,427.80, with an average price of $774.99. At present, the short position’s current profit and loss is -$5,888,286.52, with a loss ratio of -113.64%. The current price is $1,199.80, and the liquidation price is $1,498.68. This address previously was the largest short in the ZEC crypto market; in the recent period, it has preferred placing high-level short positions in the US stock market, generating over $48 million in profit in the past six months.

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GaslightSamurai
· 3h ago
Holding this short position is really thrilling, -113% and still not liquidated, the liquidity pool is deep.
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MinimalistSculpturePedestal
· 3h ago
Make 48 million in half a year and then lose it all back? The fate of shorting at the high point
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StakingLibrarian
· 6h ago
Liquidation price is 1498, with a $300 buffer, but the unrealized loss is nearly 6 million.
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GoToSleepAfterMinting
· 6h ago
Holding 16M to withstand 5M floating loss, either have faith or get liquidated, no middle ground.
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BetweenBidAndAsk
· 6h ago
-113% profit-loss ratio—this number just makes your head hurt; you really can’t stubbornly hold on to the contract.
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SeeingTheChainThroughTheFog
· 6h ago
Switching from ZEC's biggest short position to US stocks, and ending up getting hit from both sides?
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