ZEC Long Position Liquidated, Wallet Fully Closes Short Position

A wallet liquidated its ZEC long position before converting to a short position of 767.2 ZEC, but it has since been fully closed out, according to reports. PANews cited Lookonchain monitoring on October 17, stating the wallet had closed its long position seven hours prior and shorted 767.2 ZEC, with the position valued at $1 million (approximately KRW 140 billion) at that time. PANews reported the short position was later completely liquidated.