"ZEC's largest long position" has an unrealized loss of $2.4 million

ChainCatcher News, According to Hyperbot data, as the price of ZEC declines, the largest long position account of ZEC has now incurred an overall loss. Its current position is 35,000 ZEC, with a total value of $18 million. The account is currently in an unrealized loss state, with an unrealized P&L of -$1.16 million. The average entry price is $559, and the liquidation price is $474. ZEC is currently quoted at $520.

The unrealized profit of this account has plummeted from a peak of $12 million to less than $1 million, shrinking by more than 90%, before ZEC rebounded and the profit recovered to $5.15 million.