Loracle, a prominent crypto whale, has achieved a floating profit of over $2.8 million from a 10x leveraged long position in ZEC, as reported by Onchain Lens. This gain comes as ZEC experiences a rebound in its market value. However, Loracle's other long positions in cryptocurrencies such as HYPE, NEAR, WLD, TON, ASTER, and XMR continue to incur significant losses, highlighting the volatility and risk associated with leveraged trading in the crypto market.
Loracle's ZEC Long Position Yields $2.8M Profit Amid Losses in Other Assets
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