"Seven entries and seven exits to short ZEC": A whale has re-entered the market to short ZEC, with an average entry price of $507.66.
TL;DR
A whale re-entered the market to short ZEC with 2x leverage, holding 3697.06 ZEC at an average price of $507.66 and a $41,000 floating profit, after seven previous short attempts resulted in a $508,000 loss.
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[“Seven Ins and Seven Outs to Short ZEC” Whale Re-enters Short ZEC, Average Entry Price $507.66] According to Mars Finance, on January 7th, Hyperinsight monitoring showed that the “steadfastly short ZEC” whale, after stopping its ZEC short position yesterday, re-entered the market this morning. Currently, it is short 3697.06 ZEC (approximately $1.83 million) with 2x leverage, at an average entry price of $507.66, with a floating profit of $41,000. Previously, this address had short ZEC seven times without ever long, accumulating a loss of $508,000.