Huo Xing Finance reports that on October 14, according to TradingBeats monitoring, trader Boomer (X: solanadoomer1) closed a 5,000 ETH short position on Hyperliquid early this morning, with a closing value of approximately $12.6 million; subsequently, he established a long position in ZEC at an average entry price of around $1,222. Currently, this address holds an 8,000 ZEC long position with 10x full-margin leverage, valued at approximately $10.01 million, with an unrealized profit of about $235,000 and a return on position of roughly 24%.
X Trader Boomer closes ETH short position and buys ZEC worth nearly $10 million
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Summary
On October 14, trader Boomer closed a 5,000 ETH short position on Hyperliquid with a notional value of $12.6 million. The same address then opened a ZEC long position at $1,222. Current position data shows an 8,000 ZEC long position with 10x leverage, valued at $10.01 million. The position sizing reflects a floating profit of $235,000 and a 24% return.
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