A whale panic-closed ZEC long positions after holding for two months, incurring a loss of nearly $5 million.
BlockBeats News, January 9, according to OnchainLens monitoring, due to the collective resignation incident, the price of ZEC dropped yesterday. A whale, affected by panic, closed their ZEC long position, incurring a loss of approximately $4.9 million after holding it for 67 days.
Soon after, the whale reopened a smaller ZEC long position with 10x leverage.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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