# Whale Opens $10 Million Gold Short After Taking Profit on Some Crypto Longs

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/38065
Published: 2026-10-22T16:13:56.000Z
Updated: 2026-10-22T16:13:56.000Z
Section: Investing

> The trader closed Zcash (ZEC) and NEAR longs for about $1.74 million in gains. The gold position showed about $55,000 in unrealized profit at the time.

A large trader opened a short position in gold worth about $10 million after taking profit on some crypto long positions, including Zcash (ZEC) and NEAR, with the closed trades yielding about $1.74 million.

The gold position was built over three hours. At the time, it showed about $55,000 in unrealized profit, with a liquidation price near $7,247.2.

The trades moved from closing ZEC and NEAR longs to opening a short in gold. The figures describe one trader’s positions.