BlockBeats News, January 9th, according to OnchainLens monitoring, affected by a collective resignation event, ZEC price dropped yesterday, and a whale closed out their ZEC long position due to panic sentiment, incurring a loss of approximately $4.9 million after holding the position for 67 days.
Shortly thereafter, the whale reopened a smaller ZEC long position with 10x leverage.
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A certain whale panic-sold ZEC long positions, resulting in a nearly $5 million loss over two months.
BlockBeats News, January 9th, according to OnchainLens monitoring, affected by a collective resignation event, ZEC price dropped yesterday, and a whale closed out their ZEC long position due to panic sentiment, incurring a loss of approximately $4.9 million after holding the position for 67 days.
Shortly thereafter, the whale reopened a smaller ZEC long position with 10x leverage.