ZEC: Trader Holds Top-4 Long Position After 24% Drop
Ai 姨 reports trader solanadoomer became a top-4 ZEC long holder with a 10,000-coin position worth $11.36 million at $1,146.86 entry, now showing an $85,000 unrealized loss alongside a profitable ETH long.
SourceAnalysis
@ai_9684xtpa highlighted that ZEC has corrected more than 24% over the past month, yet trader solanadoomer (@Boomer) remains bullish and now ranks among the top-four long holders on the platform.
The position consists of a 10x leveraged long of 10,000 ZEC tokens valued at $11.36 million with an entry at $1,146.86, currently underwater by $85,000, while the same trader runs a separate 25x ETH long of 2,000 tokens entered at $2,376.18 that sits $68,000 in profit.
On the 4h chart ZEC trades at $1,130.91 inside its Bollinger Bands with the upper band at $1,252.93 acting as immediate resistance; price sits below both the EMA50 at $1,201.41 and EMA200 at $1,241.10 while the MACD death cross at -17.67 keeps the broader structure bearish and RSI at 42.64 offers no overbought relief, suggesting any bounce toward the upper band will likely meet selling before a retest of the EMA50 confluence zone.
Ai 姨
@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references