A significant loss was reported in the cryptocurrency market as a whale incurred a $1.27 million loss on a long position in Zcash (ZEC), despite the token's recent price surge. The position was opened just yesterday, highlighting the volatility and risk associated with trading in the crypto market. Additionally, a substantial $4.92 million was liquidated from a long position in PUMP, further underscoring the challenges faced by traders in navigating market fluctuations. These events serve as a reminder of the inherent risks in leveraged trading, even during periods of market growth.