🚨 ZEC whale short ~$10.8M is down $4.37M!
A short position (betting on a price decline) with a notional size of ~$10.82M held by whale 0xdd53…2b13 is facing an unrealized loss of up to ~$4.37M.
Notably, this position uses ~3x leverage, meaning the actual margin is only around ~$3.61M. The liquidation price is ~425.9% away from the current price—so the pressure isn’t immediate, but the paper loss is still massive. Is this whale trying to ride it out or cut their losses? What would you do?
For informational purposes only, not investment advice. DYOR.
#ZEC #ShortSignal $ZEC
A short position (betting on a price decline) with a notional size of ~$10.82M held by whale 0xdd53…2b13 is facing an unrealized loss of up to ~$4.37M.
Notably, this position uses ~3x leverage, meaning the actual margin is only around ~$3.61M. The liquidation price is ~425.9% away from the current price—so the pressure isn’t immediate, but the paper loss is still massive. Is this whale trying to ride it out or cut their losses? What would you do?
For informational purposes only, not investment advice. DYOR.
#ZEC #ShortSignal $ZEC