Whale Long Position in ZEC Hits over $450K in Unrealized Losses Following 18% Drop
Zcash experienced a sharp pullback dropping more than 18% from its recent peak. Capitalizing on the volatility whale trader 0x362a opened a 5x leveraged long position on 4135 ZEC worth 5.8 million dollars on Aster DEX
Following the recent price correction the address is currently facing over $450K in unrealized losses.
Despite the temporary drawback leveraged positions on DEXs signal high conviction from large players waiting for a rebound
Will ZEC defend its key support levels or will further market pressure force a liquidation. Let us know your thoughts
Source: Aster DEX
$ZEC
#crypto #news #zec #trading #elaouzi
Zcash experienced a sharp pullback dropping more than 18% from its recent peak. Capitalizing on the volatility whale trader 0x362a opened a 5x leveraged long position on 4135 ZEC worth 5.8 million dollars on Aster DEX
Following the recent price correction the address is currently facing over $450K in unrealized losses.
Despite the temporary drawback leveraged positions on DEXs signal high conviction from large players waiting for a rebound
Will ZEC defend its key support levels or will further market pressure force a liquidation. Let us know your thoughts
Source: Aster DEX
$ZEC
#crypto #news #zec #trading #elaouzi
