The Recent drop in $ZEC is starting to hurt some pretty big positions. Trader 0x8742 went in aggressively with a 10x leveraged long, betting on 18,000 #zec at an average price of $1,136.07. That's roughly $17.63M on the line.
But the market had other plans. With #ZEC now trading below $1,000, the position is sitting on more than $2.6M in unrealized losses. And there's still a liquidation level at $895.49 hanging over the trade.
A rough spot to be in... especially with that much leverage involved.
Anyways here is the address: 0x874226b22939904f436ff0434e1fd0ab257c8427
But the market had other plans. With #ZEC now trading below $1,000, the position is sitting on more than $2.6M in unrealized losses. And there's still a liquidation level at $895.49 hanging over the trade.
A rough spot to be in... especially with that much leverage involved.
Anyways here is the address: 0x874226b22939904f436ff0434e1fd0ab257c8427
