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Gambler Faces $3.28M Loss as ZEC Price Surge Triggers Partial Liquidation
Gate News bot message, A Roobet gambler has experienced partial liquidation of short positions due to ZEC price movements, resulting in total losses reaching $3.28 million.
The trader’s current positions include 1,289.73 BTC valued at $122.5 million with a liquidation price at $95,764, and 23,434.34 ZEC worth $16.75 million.
Prior to this, the trader had initiated substantial leveraged short positions: 1,555.56 BTC ($148.5M) at 40x leverage, 12.34M XRP ($27.4M) at 20x leverage, and 31,016 ZEC ($20.4M) at 10x leverage, totaling $196M in position size.
Source: Lookonchain