A $3.84M $ZEC short, 10x cross, entry at $336.61, liquidation at $355.03… and he is still sitting there while the margin keeps getting thinner.
That is the part people forget about whale watching. Big size does not always mean comfort. Sometimes it just means someone is willing to stay stubborn longer than most.
If ZEC keeps pushing, this is no longer a confident short. It starts looking like a very expensive refusal to admit the market has changed. Reckless.