Trader closes $19.3M Zcash long for $110K profit
- —Position covered 16,167.51 ZEC at an average price near $1,194
- —Trade size was about $19.3 million with a $110,000 profit
- —Account's cumulative profit is around $22.56 million
Why it matters: Unwinding a large Zcash long could add selling pressure to an asset that has already pulled back from recent highs.
Source: TokenPost