A certain ZEC trader was less than $6 away from being liquidated, experiencing a daily loss of over $3 million.
BlockBeats News, June 5th, according to Hyperinsight monitoring, a Hyperliquid platform trader who recently focused on longing ZEC manually closed multiple positions at the settlement price today, gradually lowering the liquidation line. The address had previously accumulated a long position of 13,000 ZEC, and the current holding has decreased to 5,080 ZEC, equivalent to about $2.02 million, with a liquidation price of $383.8, making it the closest million-level position to the liquidation line.
At the time of writing, the address is less than $6 away from liquidation, with the current price around $388. The remaining position is unrealized loss of about $700,000, reaching approximately 2.5 times the initial margin; coupled with the realization loss from previous rounds of deleveraging, the total accumulated loss in the past 24 hours has reached $3 million.
Address: 0xb2662fca65f6446b8b1898340118d44d680a4449
Additional Information: The whale has already undergone one round of liquidation, and the next liquidation price is set at $369.
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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