Market makers holding positions with a floating loss of -450%, how strong must the bullish conviction be? The liquidity trap for ZEC is deeper than expected.

Crypto World News reports that the ZEC price has fallen sharply in a one-way move due to panic selling. During this period, market maker Auros Global absorbed large long orders; it currently holds a long position worth $10.5 million. Its unrealized loss once widened to $8.5 million (-450%). As of the time of publication, Auros Global’s market-making address has a total position size of $46.2 million, providing liquidity for 99 cryptocurrencies. Recently, this address has significantly reduced the range of market-making tokens, and its total position size has also declined.