Markets· ★★· bearish·

Whale opens 5x long on 4,135 ZEC worth $5.8M, unrealized loss tops $450K

  • —Whale 0x362a opened a 5x long on 4,135 ZEC worth $5.8M on Aster
  • —ZEC is down more than 18% from its recent high
  • —The position's unrealized loss exceeds $450,000
Why it matters: A large losing long shows traders are betting on a ZEC rebound after the sharp correction.
Source: PANews