[Whale Holding ZEC Short Position for Nearly Half a Month Forced to Close, Loss Exceeds $10 Million] BlockBeats News, September 19, according to monitoring by EmberCN, as ZEC surged to $1,584 this morning, a whale holding a ZEC short position for half a month was forced to close the position. The address closed the ZEC short position worth approximately $24.43 million at a price near $1,548, resulting in a loss of about $10.68 million. Since the liquidation price of the position was $1,551, the whale chose to close the position proactively as ZEC's price approached the liquidation line to avoid forced liquidation. Previously, the trader had accumulated profits of approximately $9.11 million since June, with a historical trading win rate of 79%. After this ZEC shorting error, nearly all of the previously accumulated profits were wiped out. [Original Link]