Markets· ★★· neutral·

ZEC long trader holds $9.98 million profit, ETH short in the red

  • Long on 9,810 ZEC opened at $517.68 about a month ago
  • Unrealized profit on ZEC is $9.98 million
  • Short on 3,550 ETH shows a loss of $2.6 million
Why it matters: Large positions in ZEC and ETH reflect demand for privacy coins and hedging of Ethereum risk.
Source: PANews