2026-01-08 13:23:41

According to on-chain data monitoring, on January 8th, two wallet addresses engaged in a "high-stakes gamble" on ZEC — they went long with 1x leverage on 27,985 ZEC, totaling approximately $11.1 million. However, the outcome was not very optimistic; this operation has already resulted in an unrealized loss of over $2.2 million. From the on-chain monitoring data, the loss situation of this large position warrants attention. This also serves as a reminder that even major players can fall into traps when trading with leverage — recent fluctuations in ZEC's market have indeed put pressure on many long positions.

ZEC-4,04%

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NotGonnaMakeIt

· 01-10 22:19

Haha, 1x leverage can still lose 2.2 million, how bad is that? Even big players are just so-so; ZEC this time is really fierce. Another bloody lesson, be cautious when going long. Invested 11.1 million and it was gone in a flash, so painful. Leverage is really a money-cutting machine. That's why I only watch and don't trade. Thinking of the last Luna, history always repeats itself. Knowing the risks but still playing, human nature. ZEC hasn't calmed down recently; the risk is explosive. Floating loss of 2.2 million, I would have already run. Big players also got wrecked, showing the market is really chaotic. This operation is indeed outrageous; just consider it as tuition.

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OnchainArchaeologist