CryptoWorld news: A certain ZEC trader is currently less than $6 away from liquidation, with daily losses already reaching $3 million. The trader has recently focused on going long on ZEC; today, they have manually closed positions multiple times before the liquidation price, gradually lowering the liquidation line. This address previously accumulated a long position of 13,000 ZEC, but its current holdings have been reduced to 5,080 ZEC, worth about $2.02 million, with a liquidation price of $383.8. Currently, this address is closest to the liquidation line: the current price is about $388, and the remaining position is showing an unrealized loss of about $700,000, which is about 2.5 times the position’s principal.

ZEC-45.35%
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Don’tRushToDoubleItYet.
· 2h ago
Manually closing positions to lower the liquidation line, pushing operations to the limit, but the direction was wrong—it's all futile.
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BluePeonyPrincipalProtection
· 2h ago
This guy is really bold about gambling—still holding on despite a floating loss of 700k; liquidation is right in front of his face.
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