Garrett Jin's ZEC Long Position Unrealized Gain has exceeded $4.7 million, while Loracle has an Unrealized Gain of approximately $6.87 million
BlockBeats News, June 15th, according to OnchainLens monitoring, when the Zcash (ZEC) price regained $530, the unrealized gains and losses of multiple traders' perpetual contract positions showed significant differentiation.
The "BTC OG Insider Whale" Garrett Jin's long position on ZEC, leveraging over 2x, currently has unrealized gains of over $4.7 million, but his 5x leveraged Bitcoin (BTC) long position has seen unrealized losses expand to around $12.55 million.
Another trader, Loracle, has unrealized gains of around $6.87 million on his 10x leveraged ZEC long position, showing a significant performance boost driven by ZEC's short-term strength.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Forex Today: Australia’s jobs report comes to the fore
Sector Update: Energy Stocks Rise Wednesday Afternoon
Sector Update: Financial Stocks Lower in Afternoon Trading
Jack Mallers stated that bitcoin is the best choice for hard asset allocation.
