Crypto KOL XXAntiWar said the two largest losses this year came from ZEC short positions, both of which were voluntarily closed to limit losses. According to Odaily, XXAntiWar wrote on X that holding either position longer could have led to liquidation.
XXAntiWar said most of the past few months were spent trading ZEC, which generated a net profit of about $20,000. The main sources of profit this year were buying dips in storage-sector stocks and swing trading HYPE.
XXAntiWar recalled expecting ZEC to fall from $1,200 to $800, but the price later rose to $1,600. By the time it retreated to just above $800, XXAntiWar no longer held a short position.
XXAntiWar said futures traders should not hold losing positions or keep adding margin, and cautioned that oversized positions and excessive leverage limit room to adjust. Traders should be prepared to lose all funds placed in a futures account.