26-Win Streak Wiped Out by a Single Trade: Shorting ZEC Leads to $7.66 Million Unrealized Loss, Erasing Over $9 Million in Prior Profits and Nearing Liquidation

BlockBeats news, September 18, according to Lookonchain monitoring, a trader once won 26 consecutive trades, achieving an 89% win rate out of 47 trades, with cumulative profits exceeding $9 million. However, shorting ZEC has wiped out all previous profits, and the trader is now on the brink of liquidation. The 12,285 ZEC short position held is worth approximately $18.31 million, with a current unrealized loss of $7.66 million and a liquidation price of $1,550.66.