A whale closed its ZEC short position, incurring a loss of $1.6 million, with cumulative losses reaching $5.56 million

According to monitoring by Onchain Lens, a whale (0x6b26...E03f) closed its ZEC long position and realized a profit of $3.2 million. Subsequently, the whale opened a ZEC short position and closed it one hour ago, resulting in a loss of $1.6 million, which wiped out 50% of the profits from its ZEC trades. Previously, the whale incurred a loss of $7.7 million in BTC trading, bringing its overall cumulative losses to $5.56 million.