Whale Evaded suffered a $2.9 million loss from the liquidation of its ZEC short position, and subsequently opened a new ZEC short position with a 10x leverage.

CoinFeed reported on June 4th that, according to Onchain Lens monitoring, whale Evaded's ZEC short position was completely liquidated, resulting in a loss of $2.9 million. It subsequently opened a new 10x ZEC short position, bringing its total losses to over $5.4 million.