Whale Evaded closed its short position in Bitcoin, incurring a loss of $320,000. It then went all-in on a long position in ZEC, resulting in a floating loss of $763,000.

CoinFeed reported on May 24 that, according to Lookonchain monitoring, whale Evaded closed out its short Bitcoin position, incurring a loss of $320,000, and then went all-in on a long position in ZEC. It now holds a long position of 53,500 ZEC (worth $34 million) and is currently experiencing a loss of $763,000.