Grayscale CEO: The ZEC short liquidation price set by "BTC OG insider whales" is a reasonable near-term price target
ChainCatcher reports that Grayscale CEO Barry Silbert (@BarrySilbert) stated on social media that the liquidation price of the ZEC short position held by the "BTC OG insider whale" is a reasonable near-term price target. On-chain data shows that the whale's ZEC short liquidation price is $1,073.72.
Earlier reports indicated that the "BTC OG insider whale" shorted 57,000 ZEC, incurring a floating loss of $1.9 million.
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