A trader holds a long position of 18,000 ZEC, with unrealized losses exceeding $2.8 million.
Original headline某交易员持有 1.8 万枚 ZEC 多仓，浮亏超 280 万美元
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A trader holds a 10x leveraged long position of 18,000 ZEC tokens worth roughly $17.63 million and is currently sitting on an unrealized loss exceeding $2.8 million, according to Lookonchain monitoring data from November 11. The position was opened at an average entry price of $1,136.07 per ZEC, with a liquidation price of $895.46. The size of the drawdown matters because the liquidation threshold sits well below the entry, leaving the trader exposed to further downside if ZEC continues to slide toward $895. Watch whether ZEC holds above that liquidation level or forces a unwind of the 18,000-token position.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
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ZEC (ZEC), Lookonchain, TechFlow
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