COINOTAG News, citing Coinbob’s Popular Address Monitor, reports that a trader known as Calm Long King opened a new ZEC short and exited a SOL short as Bitcoin momentum strengthened. The move signals shifting risk posture amid rising price action.
Over the past half hour, the trader added to the ZEC short and closed the SOL short, while BTC-led buying pressure triggered a wave of liquidations in similar books. The tally reached 31 events, roughly $2.78 million in losses.
BTC Short Position declined from $41.72 million to $22.05 million, with an unrealized loss of about $1.09 million (-194%) and a liquidation price near $89,900. SOL Short Position fell from $30.89 million to $15.12 million, with an unrealized loss around $1.18 million (-156%) and a liquidation price near $142. The episode underlines the volatility of high‑leverage strategies and the critical role of margin monitoring.