A whale panic-sold its ZEC long position, suffering a nearly $5 million loss after holding the position for two months
By: theblockbeats.news|2026/01/09 00:54:19
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BlockBeats News, January 9th, according to OnchainLens monitoring, the ZEC price fell yesterday due to a collective resignation event, with a whale liquidating its ZEC long position out of panic, suffering a loss of approximately $4.9 million after holding the position for 67 days.
Shortly thereafter, the whale reopened a smaller ZEC long position with 10x leverage.
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