ZEC Short Positions Shrink as Calm Down and Open Longs Cuts 40,000 ZEC Shorts, Trims $1.35M Losses in 24 Hours

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ZEC Short Positions Shrink as Calm Down and Open Longs Cuts 40,000 ZEC Shorts, Trims $1.35M Losses in 24 Hours

HyperInsight monitoring shows the trader cluster Calm Down and Open Longs actively trimming a large short exposure to dodge liquidation. In the past three hours, it has reduced about 40,000 ZEC short positions and 8,000 SOL short positions, with some Bitcoin shorts liquidated. The address balance has fallen to roughly $290,000, and reported losses in the last 24 hours have reached as high as $1.35 million.

These unwind dynamics illustrate disciplined risk controls in crypto trading. While the figures derive from a single address, they show how sophisticated participants recalibrate leverage to limit losses amid heightened volatility. The case underscores margin and liquidity risk across key assets, including Bitcoin, ZEC, and SOL, informing readers to monitor exposure levels and funding conditions in real time.