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Trader faces $3.5M unrealized loss on $18.5M 5x leveraged Zcash long position amid price drop

Market News
14 Nov 2026, 04:28 WIB
Tokenpost
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Bearish
Trader faces $3.5M unrealized loss on $18.5M 5x leveraged Zcash long position amid price drop

A trader holding a 5x leveraged long position in Zcash (ZEC) suffered about $3.5 million in unrealized losses on an $18.5 million position as the price dropped. The trader added to the position multiple times during the decline, buying at prices near $1,170, $1,030, $970, and $904, and also added funds to maintain the position. The trader reduced the position by 2,000 ZEC about four hours before the reported snapshot. If ZEC falls to around $762, the trader faces liquidation risk, which could force the position to close at a loss.

The Zcash leveraged long position with significant unrealized losses provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 14, 2026 08:51 WIB: out of 50 major cryptocurrencies priced on Pluang, 5 rose and 44 fell today. Notable movers include BAT at Rp1.974 with a 1-day change of -11.85% and a typical hold time of 94 days, BAL at Rp16.297 up 11.14% with an 85-day hold time, and ONE at Rp25 down 9.77% with a 153-day hold time and Pluang order activity showing 64% sell and 36% buy.

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