🐻 The largest ZEC short seller has officially moved the battlefield. 📉 On March 10th, he opened a ZEC short at $210, watching his position bleed up to $2.4M in unrealized losses. After months of stubbornly holding to lower his cost basis, ZEC finally crashed from its peak—dropping roughly $550. 💸 This afternoon, he began aggressively cutting losses and reducing exposure. He has closed over $5M in positions so far, with $8.02M still open and a remaining unrealized loss of $1.17M. 🚀 But he didn't stop there. The freed-up margin was immediately deployed into new shorts on BTC and ETH: 🔴 BTC: 160 coins shorted at 20x leverage — $13M position, average entry $80,441. 🟣 ETH: 1,866 coins shorted at 15x leverage — $4.27M position, average entry $2,286. Both positions are still being increased. 🧠 From ZEC to BTC and ETH — the same conviction, just a different ticker. This kind of stubborn "change the coin, not the strategy" approach is either deeply contrarian conviction or an addiction to the path of maximum pain. 👀 Now the real question: Will BTC and ETH cooperate with him better than ZEC did?