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🐋 On-Chain Alert: Mysterious whale increases ZEC short position, stubbornly holding a 10X position amid unrealized losses!
Just detected a ZEC perpetual contract short position worth $1.07M, currently underwater 👇
📉 Position Details
· Token: ZEC
· Direction: Short
· Leverage: 10X full position
· Entry average price: $396.74
· Current unrealized loss: -$3,061 USDT
· Liquidation price: $536.76
⚠️ Risk Warning
· 10X full position + multi-million dollar level position, if the direction is wrong, the risk of margin calls or forced liquidation is extremely high.
· Historical data shows that ZEC often experiences rapid "short squeeze" type surges, do not blindly follow the trades.
$ZEC