Trader Boomer closes $12.6M ETH short, opens $10M ZEC long
- —Closed a 5,000 ETH short worth about $12.6 million
- —Opened a long on 8,000 ZEC at an average price of $1,222
- —Position value of $10.01 million with 10x cross leverage
- —Unrealized profit of $235,000, a return of about 24%
Why it matters: Large traders rotating from ETH into ZEC signals rising speculative interest in Zcash.
Source: TokenPost