A trader has utilized a 10x leverage to short 31,698 ZEC, which is valued at about $19.26 million. This trading strategy indicates a significant position in the market. Leveraging allows traders to increase their exposure to an asset without requiring the full amount of capital. By shorting ZEC, the trader is betting on a decline in the cryptocurrency’s price. This move reflects ongoing strategies employed by traders in the volatile cryptocurrency markets.
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Last updated on November 18th, 2025 at 01:17 am
