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Trader closes $44M Google long at loss, shifts $23M into leveraged Zcash and Ether positions

Market News
21 Oct 2026
Tokenpost
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Neutral
Trader closes $44M Google long at loss, shifts $23M into leveraged Zcash and Ether positions

A large trader exited a $44 million long position linked to Google at a loss of about $919,300 and redirected exposure into leveraged cryptocurrency positions in Zcash and Ether. The Zcash position involved about 14,800 coins with 10x leverage, showing an unrealized profit of $333,300, while the Ether position held nearly 1,936 coins at 25x leverage with a small unrealized loss. Combined, the crypto positions have a paper gain of roughly $324,600. The trader also maintained a $1.23 million long position in Amazon with modest unrealized gains. This move highlights a shift from traditional tech stocks to high-leverage crypto assets, increasing risk and potential reward.

The trader's shift from a $44 million Google-linked long to leveraged crypto positions provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 21, 2026 20:33 WIB: out of 50 major cryptocurrencies, 43 rose and 6 fell today. Notable movers include AXS at Rp19,104 with a 6.20% increase and 100% sell order activity, ENJ at Rp506 up 5.01% with 64% buy orders, and SNX at Rp4,060 rising 4.94% with 75% buy orders.

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