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Crypto Address Cuts About 8,000 Zcash (ZEC) Long, Leaves No Position

The position was valued at about $10.3 million, and the address’s contract account showed about $21.9 million in cumulative profits.

A silver token is lifted from an empty circular recess / TokenPost.ai
A silver token is lifted from an empty circular recess / TokenPost.ai

A crypto address reduced its Zcash (ZEC) long by about 8,000 tokens, leaving it with no ZEC position. The position was valued at about $10.3 million.

The address’s contract account showed about $21.9 million in cumulative profits. That figure is an accumulated account total, not a newly reported profit from this reduction.

The same address had previously closed a ZEC long valued at about $19.3 million on Oct. 25. The address is 0xbf732ea04197942783e34730ed6e0f6099575d58.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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