Whale closes month-long ZEC long with $8.29 million profit
- —Position: 10,160 ZEC, entry about $630, size about $6.4 million
- —Exit at about $1,458, with the price more than doubling
- —Profit on the single long: about $8.29 million
Why it matters: The whale's large profit-taking could increase selling pressure on ZEC after its rally toward $1,500.
Source: PANews