After tracking so many on-chain large investors, this short positions whale of ZEC is quite an exception - it has actually withstood all fluctuations and has not been liquidated to this day.

As the largest holder of short positions in the ZEC market, this guy once had an unrealized loss of over ten million dollars. Now? Finally back to profit, with an unrealized gain of just over two hundred thousand. The whole process was like a roller coaster.

Interestingly, he has recently started to close his positions in batches. Having been stuck for so long, his mindset is probably on the verge of breaking, and now that he has finally turned things around, he is eager to take profits.

Ultimately, whether retail investors or whales, human nature is quite similar: when facing losses, they hold on stubbornly, and as soon as they break even and make a little profit, they are eager to withdraw. This psychological game is truly played out to the fullest in the crypto world.

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StablecoinSkeptic

· 3h ago

I can understand why this guy can't hold his mentality; two million in unrealized gains is indeed tempting. Losing ten million without getting liquidated is truly tough; if it were me, I would have bled out long ago with that stop loss capability. The human nature in the crypto world has been solidified; it's not wrong to run away with some profits, what else can you do? This guy is probably thinking about how to safely cash out now, regardless of whether it rises or falls later. From ten million to two million, that process must have been quite torturous.

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SerumSquirter

· 7h ago

Wow, this guy's mental resilience is off the charts, he hasn't cracked with an unrealized losses of 10k, if it were me, I would have already lost my cool.

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CrashHotline

· 12-01 04:46

Ha, this guy really has amazing mental resilience, not even flinching with a 10k unrealized losses, I need to learn from him.

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AlgoAlchemist

· 12-01 04:43

This guy's mental toughness is really strong; he can withstand unrealized losses of k. If it were me, I would have exploded long ago.

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MerkleTreeHugger

· 12-01 04:34

This guy really has a strong mindset, I need to learn from him.