XXAntiWar Records $398,000 Loss on Two ZEC Short Positions

XXAntiWar recently closed two ZEC short positions over a three-day period, recording a total loss of $398,000 (approximately 550 million KRW). This resulted in the complete reversal of profits earned from Hyperliquid over the past week. According to Odaily, which reported on the matter at 10:33 AM KST on September 18 based on Ai Yi's monitoring, XXAntiWar opened eight ZEC short positions across three addresses since September, closing five for profit and three with losses, achieving a 62.5% success rate. The trader continued shorting even as ZEC prices rose from $1,120.8 to $1,353. Short positions are derivative trades betting on asset price declines; if prices rise instead, losses can accumulate. Despite the recent two losses, cumulative September data shows a profit of $437,000 (approximately 63.5 million KRW) per coin from ZEC short positions.