While $ZEC has pulled back more than 24% over the past month, trader solanadoomer (Boomer) doesn’t seem ready to give up on it just yet.
He’s now holding one of the top 4 #zec long positions, with 10x leverage and a position worth around $11.36 million.
The problem? His 10,000 ZEC position was opened at an average entry of $1,146.86, and he’s currently sitting on an unrealized loss of roughly $200K. Not exactly comfortable territory.
But ZEC isn’t his only bet.
He’s also holding a 2,000 ETH long worth $4.82 million, using 25x leverage. That position is currently in profit by around $74K, with an entry price of $2,376.18.
So, one trade is bleeding while the other is keeping him afloat for now. The big question is whether #ZEC can recover or if the pressure continues. With leverage this high, the next move could make a serious difference.
Address: 0xbf732ea04197942783e34730ed6e0f6099575d58
He’s now holding one of the top 4 #zec long positions, with 10x leverage and a position worth around $11.36 million.
The problem? His 10,000 ZEC position was opened at an average entry of $1,146.86, and he’s currently sitting on an unrealized loss of roughly $200K. Not exactly comfortable territory.
But ZEC isn’t his only bet.
He’s also holding a 2,000 ETH long worth $4.82 million, using 25x leverage. That position is currently in profit by around $74K, with an entry price of $2,376.18.
So, one trade is bleeding while the other is keeping him afloat for now. The big question is whether #ZEC can recover or if the pressure continues. With leverage this high, the next move could make a serious difference.
Address: 0xbf732ea04197942783e34730ed6e0f6099575d58
