ZEC Rises Above $530 as Two Leveraged Whale Long Positions Show Unrealized Gains

ZEC rose above $530, and two leveraged long positions held by large traders showed significant unrealized gains, according to monitoring data. According to Odaily, Onchain Lens reported that an agent for the “1011 insider whale,” identified as Garrett Jin, had an unrealized profit of more than $4.7 million on a 2x leveraged ZEC long position. The report also said a whale identified as Loracle had an unrealized profit of $6.87 million on a 10x leveraged ZEC long position.