According to CoinMeta, a certain whale investor stated a short-term bearish view on X and set a stop loss of $31 million on long positions in altcoins. Trader boomer (X: solanadoomer1) exited long positions in ten different altcoins, including ZEC, NEAR, UNI, etc., this morning, with a total value of over $31.1 million. Subsequently, they turned to short selling ZEC and NEAR, resulting in a total loss of about $1.248 million, with only a slight profit from PUMP. After closing their long positions in ZEC, the account began to go short. boomer indicated that ZEC might peak in the short to medium term or fall back to around $1,000, followed by several weeks of volatility before another round of upward movement. They believe that a target range of $5,000 to $10,000 is reasonable. The account has now shifted to holding approximately $9.707 million in short positions in ZEC and NEAR: there are about $8.237 million in short positions in ZEC, holding 6,000 units with an average price of $1,421.4, resulting in a floating profit of about $291,000; and there are about $1.47 million in short positions in NEAR, holding about 322,100 units with an average price of $4.63, resulting in a floating profit of about $24,000.