ZEC drops 6% in the short term, sparking a battle between bulls and bears. On-chain, the largest long position in ZEC and the "altcoin short army leader" both significantly increased their holdings.

ZEC-1,66%

BlockBeats News, January 8 — According to Coinbob’s popular address monitoring, the ZEC price temporarily dropped 6.4%, hitting a low of $449 before rebounding to around $465. During this fluctuation, the largest ZEC long whale on Hyperliquid (0x152) saw their position turn from profit to loss, then decisively added to their position around $459 to do T, increasing their holdings by 2,486 ZEC (approximately $1.14 million) within 10 minutes. Over the past 20 hours, they have accumulated a total long position of 9,871 ZEC (about $4.54 million). Currently, this whale holds a 10x leveraged ZEC long position worth approximately $12.35 million, with an average price of $463.

According to Coinbob monitoring, the “ZEC largest short whale” is still in a floating loss, having not adjusted their ZEC short position recently. The current position size is about $17.48 million, with an average price of $419, and a floating loss of $1.64 million (47%). Meanwhile, the “Altcoin Air Force Leader” has continued to increase their ZEC short position over the past few hours, now holding a ZEC short position worth $2.08 million, and still adding to their position.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments