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CoinNetwork

CryptoWorld News reports that the well-known trader Loracle increased his long position in ZEC by 399.51 coins within the HyperLiquid ecosystem, roughly equivalent to $207,507.13. The position size has reached $1,207,972.29, and the average price has been adjusted from $533.48 to $532.48. Currently, this long position’s unrealized profit and loss is -$11,839.20, the current coin price is $527.31, and the liquidation price is $0.

ZEC5.68%
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BetweenBidAndAsk
· 8h ago
Famous traders can also get trapped, indicating that the market is indeed difficult to play.
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RedTelephoneBoothSite
· 9h ago
Zero-dollar settlement price? Is this full position or isolated margin? I don't quite understand.
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GateUser-7919e6b9
· 10h ago
ZEC's liquidity is average; placing a million-level order probably results in a significant slippage.
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LiquidityBarista
· 10h ago
Loracle, you’re really going big on this ZEC trade, with a position of $1.2 million. What leverage multiple does a liquidation price of 0 imply?
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PaperHandsPro
· 10h ago
The HyperLiquid ecosystem has been quite popular recently; it's normal for large funds to test the waters.
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0XNightRun
· 10h ago
The ZEC privacy coin narrative has long cooled off, and it takes courage to go long at this point.
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ReboundAtTheStreetCornerAfter
· 10h ago
Million-level transactions are open and transparent, this is the benefit of on-chain transactions.
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NeonVortexTunnel
· 10h ago
The cost price of 532, now 527, will need to consider stopping loss if it drops another 5%.
View OriginalReply0
MoonlightMarketMaking
· 10h ago
Loracle this name sounds a bit familiar, did you play with it before on FTX?
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UnderTheWisteriaBridge
· 10h ago
207k increase in position, is this buying more as it drops or cutting losses to add more?
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