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Contract Account With Over $20 Million in Cumulative Profits Opens $5.6 Million ZEC Short

Contract Account With Over $20 Million in Cumulative Profits Opens $5.6 Million ZEC Short

Photo: TokenPost

A contract account with cumulative profits above $20 million opened a short position in Zcash (ZEC) valued at about $5.6 million on Oct. 19. The position covered 5,000 ZEC. The account opened the short between 10:24 and 10:33 a.m. ET (14:24-14:33 UTC). At 10:36 a.m. ET (14:36 UTC), it still held a short valued at about $5.6 million. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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