On-chain analyst Ai Yi said address @yixie10 took a long position on ZEC using about $20 million in capital. As of September 4, with ZEC trading at $985, the unrealized profit was $8.465 million. Then came a roughly 22% jump in ZEC. So the floating profit on that same position may have grown to $10.34 million. Add in the previously realized profit of $1.038 million, and the address’s cumulative profit from ZEC trading may hit $11.37 million.

Address’s Long Position on ZEC Sees Floating Profit Expand to $10.34M, Cumulative Profit May Reach $11.37M
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News EditorAccording to on-chain analyst Ai Yi, address @yixie10 opened a long position on ZEC with approximately $20 million. When ZEC was at $985 on September 4, the unrealized profit was $8.465 million. With ZEC rising about 22% since then, the floating profit on the same position may have expanded to $10.34 million. Adding the previously realized profit of $1.038 million, the cumulative profit from ZEC trading may reach $11.37 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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