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Whale Opens $10.16M Zcash Long After 3,052-ZEC Purchase

The 2x leveraged position covered 8,000 ZEC. The purchase was valued at about $3.8 million.

A silver Zcash coin casts two sharp shadows across stone / TokenPost.ai
A silver Zcash coin casts two sharp shadows across stone / TokenPost.ai

A crypto whale bought 3,052 Zcash (ZEC), valued at about $3.8 million, and opened a 2x leveraged long covering 8,000 ZEC worth about $10.16 million.

The reported purchase and long position were part of the same whale activity. The position's stated value was about $10.16 million, while the purchase was valued at about $3.8 million.

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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