ZEC Experiences Significant Price Drop Amid Large Position Holding

According to Foresight News, ZEC has once again fallen below the $500 mark. Monitoring by @ai_9684xtpa reveals that an address starting with 0xcf9 initiated a 10x ZEC long position on November 22, currently holding 20,386 units valued at approximately $9.79 million. The opening price was $574.864, resulting in an unrealized loss of about $1.925 million. Earlier today, when the price hit a low point, the unrealized loss for this address exceeded $2.42 million, although no reduction in the position has been reported.