ZEC: Trader Closes Short With $10.68M Loss

ZEC momentum forced a hyperbot.network trader to close a 12,285 ZEC short position worth $18.31 million, booking a $10.68 million loss that erased prior $9 million gains and left the account at a $1.57 million net deficit.

The trader had posted 26 straight wins and an 89 percent hit rate across 47 trades before the short turned negative $7.66 million with liquidation looming at $1,550.66.

Price action on the 4h chart at $1555.56 sits inside Bollinger Bands with upper resistance at $1661.07 while RSI(14) at 74.03 flashes overbought, pointing to a probable retracement toward EMA50 support at $1279.72 before any further advance despite the MACD golden cross; such moves routinely reshape ZEC price prediction models and can trigger broader crypto market crash fears when leveraged shorts unwind rapidly.