SOMEONE JUST WENT ALL IN
A trader has opened roughly $117.8 million in long positions, with $98.3M on BTC and another $19.4M on ZEC.
That's a serious amount of leverage betting on further upside.
The BTC position makes up the vast majority of the trade, while the ZEC position adds another high-beta bet to the portfolio. If prices move against these positions, the liquidation levels could become important for the market to watch.
For now, this is simply one trader taking a very aggressive bullish position, it doesn't guarantee where BTC or ZEC go next.
$117.8M in longs, that's really massive
$BTC $ZEC #BTC Price Analysis# #BTC Above 60K#
A trader has opened roughly $117.8 million in long positions, with $98.3M on BTC and another $19.4M on ZEC.
That's a serious amount of leverage betting on further upside.
The BTC position makes up the vast majority of the trade, while the ZEC position adds another high-beta bet to the portfolio. If prices move against these positions, the liquidation levels could become important for the market to watch.
For now, this is simply one trader taking a very aggressive bullish position, it doesn't guarantee where BTC or ZEC go next.
$117.8M in longs, that's really massive
$BTC $ZEC #BTC Price Analysis# #BTC Above 60K#
