Data: A certain whale shorted over 4,574 ZEC after the market rebound and opened a 20x BTC long position.
According to ChainCatcher, monitored by Lookonchain, trader 0x152e closed their ZEC long position yesterday, incurring a loss of $846,000.
Just as ZEC rebounded, the trader opened a reverse position within the past 40 minutes: shorting 4,574.87 ZEC (worth $2.66 million) with 5x leverage.
At the same time, they established a BTC long position with 20x leverage, with a position size of 367.36 BTC (worth $31.63 million).
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.
You may also like
Bloomberg: Bitcoin Decline Signals Weak Year-End Performance for Risk Assets, but Growth Momentum Possible in 2026
A whale is repeatedly borrowing to go long on WBTC, with an average price of $85,376.5
Trending news
MoreCrypto prices
More
