ZEC was last tracked at $1,388.4 on Sept. 29 after falling about 12.1% over the past 24 hours, with an intraday low of $1,379, according to TradingBeats. Even after a double-digit pullback, nearby oversized long positions have not been broadly wiped out. Among million-dollar positions, only one long of roughly $1 million has been hit so far. The nearest liquidation level for remaining large longs stands at $1,359.45, around 2.1% below the current price. That level corresponds to about $17.455 million in long exposure, held at an average entry of $1,558.41 and showing an unrealized loss of roughly $2.137 million, tied to address 0xcbab…. Another estimated liquidation level sits lower at $1,357.59 for an additional $2.631 million in long positions. Combined, the two large positions amount to about $20.086 million, with liquidation risk clustered in the $1,358 to $1,359 range.
ZEC was last tracked at $1,388.4 on Sept. 29, down about 12.1% over 24 hours, after touching a low of $1,379, according to TradingBeats.
Large longs remain in place after the pullback
Even with the decline exceeding 10%, nearby oversized long positions have not been knocked out by this round of selling. Among positions sized at around $1 million or more, only one long worth roughly $1 million has been hit so far.
Liquidation risk is concentrated around $1,358 to $1,359
The closest liquidation level for long positions is $1,359.45, or about 2.1% below the current price. That level corresponds to roughly $17.455 million in longs that are still open, with an average entry price of $1,558.41 and an unrealized loss of about $2.137 million. The address cited was 0xcbab….
Lower down, another estimated liquidation level sits at $1,357.59 for about $2.631 million in long exposure. Together, the two large positions total about $20.086 million, leaving risk clustered near the $1,358-$1,359 area.
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