The address that liquidated its ZEC long position yesterday with a loss of $846,000 has now opened a $2.66 million short position.

According to a report by Jinse Finance, on-chain analytics platform Lookonchain monitored that the address starting with 0x152e closed its ZEC long position yesterday with a loss of $846,000. As the price of ZEC rebounded, this address shorted 4,574.87 ZEC with 5x leverage in the past 40 minutes, worth approximately $2.66 million. At the same time, this address also went long on 367.36 BTC with 20x leverage, worth about $31.63 million.