Post
Trade with BilalX
๐ฃ $ZEC | 38K SHORT CLOSED ๐
A reported ~$35M loss may not tell the full story.
A Garrett Jin-linked wallet reportedly closed its entire ~38K ZEC short, with ZEC gaining around 2.7% during the unwind.
But the bigger detail: the wallet reportedly still holds ~202K ZEC spot.
That could mean the short was partly a hedge rather than a pure bearish bet.
With NU7 approaching and funding still elevated, the key battle may be leverage vs. fundamentals.
๐ Watch spot holdings, fundin
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$67,207.6-0.02%
ETH/USDTEthereum
$1,904.33-0.02%
SOL/USDTSolana
$75.61-0.06%
Todayโs market buzz
1#NVIDIA contacts Arm CEO Haas, internally predicting new CEO candidate
2#US October PPI year-on-year 6.5% below expectations
3#Anthropic launches IPO roadshow, valuation rebounds to $1.8 trillion
