Memeburn says traders betting against Zcash lost $34 million, with one trader losing $18.5 million.
Memeburn reports that Zcash surged 20% to $1,000 as short sellers—traders betting against it—lost $34 million. One trader’s loss reached $18.5 million, according to the publisher. Its report links the rally to a Grayscale ETF and what it calls a “privacy renaissance.”
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Memeburn says traders betting against Zcash lost $34 million, with one trader losing $18.5 million.
Memeburn reports that Zcash surged 20% to $1,000 as short sellers—traders betting against it—lost $34 million. One trader’s loss reached $18.5 million, according to the publisher. Its report links the rally to a Grayscale ETF and what it calls a “privacy renaissance.”
memeburn@memeburnZcash Just Hit $1,000 — and One Trader Lost $18.5 Million Betting Against It https://ift.tt/7MtgcX3
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memeburn@memeburnZcash Just Hit $1,000 — and One Trader Lost $18.5 Million Betting Against It https://ift.tt/7MtgcX3
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No sentiment analysis available yet.
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