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ZEC: Karna0x Wallet Closes Short at $3.8M Loss | Flash News Detail | Blockchain.News
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6/16/2026 1:38:00 AM

ZEC: Karna0x Wallet Closes Short at $3.8M Loss

ZEC: Karna0x Wallet Closes Short at $3.8M Loss

ZEC wallet linked to karna0x closes short position with $3.8M loss as price hits $511.32 amid bullish EMA structure.

Source

Analysis

ZEC keeps climbing and a wallet tied to @karna0x just exited its entire short, booking a $3.8 million loss.

Price sits at $511.32 inside a bullish trend where the EMA50 at $455.28 and EMA200 at $483.16 act as layered support. The MACD golden cross at 25.48 confirms trend strength while RSI at 67.05 leaves room before overbought territory. With price pressing the upper Bollinger band at $550.81, a measured pullback toward the 50-EMA remains the highest-probability next move before any extension higher. ZEC price prediction models now focus on whether this momentum sustains through the next macro window.


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