The entire $210,000 long position has been closed! A major trader exits $ZEC —is the market about to turn?

$ZEC Long-position closure record: The notional value of this position change was approximately $210,000.

Average execution price: $1,315.82.

The monitored record shows no remaining position.

The account record shows 5x leverage; the amount above is not the margin.

Market snapshot at the time of posting (23:50 Beijing time): The current price is $1,344.67, 2.19% above the average execution price of $1,315.82; up 8.84% over 24 hours, with a range of $1,212.4–$1,387.98 and trading volume of approximately 3.112 billion USDT.

Perpetual futures funding rate: +0.0100%; next settlement at 00:00. The current price is at the 75% mark of the 24-hour range, in the middle section of the range.

This reduces exposure in the original direction. It cannot be described as a reversal, and a reduction alone is not enough to determine whether the trade was profitable. Next, track the remaining position and the direction of any new positions.

Monitored account: 20012f.

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