"The Calm Order King" Strikes Again: $17.29 Million Bet on Shorts—Will They Crash After 15 Consecutive Wins?

Question

[Crypto World] Once again, they’ve set their sights on the “Calm Order King.” In the past 7 hours, he quietly increased his short positions on BTC, ZEC, and SOL. The most aggressive move was on ZEC—his average entry price jumped from $344 yesterday to $360, and his total position has ballooned to $17.29 million.

His P&L has been a roller coaster—when BTC plunged in the early hours today, his account just turned green from losses, but now he’s back to a small loss, with an unrealized loss of $160K. The main drag is still the ZEC short.

Here’s his current hand: • 40x BTC short: $12.25M position, $40K unrealized loss (-13%), average price $92K • 20x SOL short: $2.24M position, $150K unrealized loss (-61%), average price $140 • 10x ZEC short: $2.51M position, $20K unrealized gain (+20%), average price $360

Interestingly, since the 27th, this guy has thrown another $200K into a certain decentralized platform, then went on a rampage—15 straight wins. Looking back at September, he turned $3M in principal into over $30M in profits within two months, but in November he kept hitting snags and nearly gave all the profits back. Now with this latest move, it remains to be seen whether he’s staging a king’s comeback or getting back on the roller coaster.

OnchainUndercover · Accepted Answer

This guy really has guts—he's putting $17.29 million on ZEC and still pushing up the average price? If the trend reverses, he'll get liquidated instantly...

FastLeaver · Answer

Ha, playing with fire again, this time throwing in 17.29 million directly, that's really bold. That 60% unrealized loss on SOL looks pretty painful, but at least ZEC turning green offers a bit of comfort. Just worried that a rebound might wipe it all out again.

TokenomicsPolice · Answer

Increased short positions to 17.29 million? This guy really isn’t afraid of risk. Still holding on despite a 61% loss on SOL, feels like a blow-up is just around the corner.

GasFeeCryer · Answer

This move is really like licking blood off the blade... ZEC is pushing up the average price so forcefully—is it real confidence or just a gamble? That -61% on SOL just hurts to look at.

ApeWithAPlan · Answer

Damn, the average price of ZEC has been pushed up to 360, and you still dare to keep adding? Really not afraid of losing it all, huh? Already down 61% on SOL and still holding on—this pace is intense.

LiquidityWhisperer · Answer

This position is really a gamble on life. $17.29 million all-in on shorts like this—I'm sweating for him just seeing that -61% on SOL. Usually, after 15 consecutive wins, it's the prelude to a crash.