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Trader closes $3.4M Zcash short with $187K loss after 6 days

Market News
21 Oct 2026
Tokenpost
View Source
Bearish
Trader closes $3.4M Zcash short with $187K loss after 6 days

A Hyperliquid trader closed a $3.4 million short position in Zcash (ZEC) after six days, resulting in a $187,000 loss. The trader entered the short at $1,179.50 per ZEC and exited at $1,244.50, meaning the exit price was higher than the entry price, causing the loss. This loss adds to the trader's cumulative losses, which now total $1.82 million. This case highlights the risks of short selling in volatile digital asset markets.

As of Oct 21, 2026 23:51 WIB, Zcash (ZEC) trades at Rp23.941.234 on Pluang, showing a strong 10.29% increase over the past day. The token's market cap stands at Rp7,04 trillion with a 24-hour trading volume of Rp787,62 million. This notable price rise contrasts with the short position loss reported in the news, highlighting the volatility in ZEC's market.

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