Huo Xing Finance reports that on October 18, according to on-chain analyst Aunt Ai (@ai_9684xtpa), ZEC has retraced over 24% in the past month. Trader solanadoomer (@Boomer) still holds a long position in ZEC worth approximately $11.36 million, ranking 4th on the ZEC long positions leaderboard. This ZEC long position uses 10x leverage, with a holding of 10,000 ZEC at an average entry price of $1,146.86, resulting in a current unrealized loss of about $85,000. Additionally, the trader holds a 25x leveraged long position in 2,000 ETH, with a position value of approximately $4.82 million, an average entry price of $2,376.18, and a current unrealized profit of about $68,000.
Trader Holds $11.36M in ZEC and $4.82M in ETH Long Positions with Leverage
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Summary
A trader known as solanadoomer holds a $11.36 million ZEC long position using leverage trading, ranking 4th in ZEC longs. The position consists of 10,000 ZEC at an average entry price of $1,146.86, with a floating loss of $85,000. The same trader also holds a $4.82 million ETH long position with 25x leverage, comprising 2,000 ETH at $2,376.18, showing a floating profit of $68,000. These positions reflect a combination of aggressive leverage trading and long-term investment strategies.
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