Whale Continues to Short ZEC with Increased Positions

According to BlockBeats, on January 8, Hyperinsight monitoring revealed that a whale known for consistently shorting ZEC has increased its short positions today. The whale is currently shorting 5,000 ZEC with double leverage, valued at approximately $2.01 million, at an average entry price of $499.32 per ZEC, resulting in a floating profit of $490,000. Previously, this address has shorted ZEC seven times without ever taking a long position, accumulating a total loss of $508,000.