ZEC It was reported that the 24-hour decline 10.7%temporarily dipped to 1356 USD
BIBIBI
AT A GLANCE
ZEC Over the past 24-hour decline widened to 10.7%, temporarily dipping to 1356 USD。
Article
ZEC 24 the hourly decline widened to 10.7%, dipping to 1356 USD BlockBeats reported that September 29, according to HTX market data,ZEC 24 hour decline widened to 10.7%, dipping to 1356 USD, currently at 1389 USD.
Altcoins broadly fell today, with ZEC surging nearly twofold at September before concentrated profit-taking, while perpetual-futures longs remained highly leveraged.
In addition, according to TradingBeats monitoring,ZEC has fallen by more than, but nearby large long positions have not yet been breached by this pullback. Among positions worth millions of USD, only 1 1000000 USD-sized long positions have currently been damaged by market movements. The nearest long liquidation line remains at 1359.45 USD, approximately 2.1%below the current price. Approximately 17455000 USD in long positions remain open, with an average entry price of 1558.41 USD, representing an unrealized loss of approximately 2137000 USD.
Further below, 1357.59 USD has another estimated liquidation line for approximately 2631000 USD in long positions. The two large positions, totaling approximately 20086000 USD, have their risk concentrated near 1358—1359 USD.
Original link https://m.theblockbeats.info/flash/369501
Key points
01
According to HTX market data, in the past ZEC 24-hour decline widened to 10.7%, dipping to 1356 USD, currently at 1389 USD。
02
The report said that altcoins broadly fell today, with ZEC surging nearly twofold at September before concentrated profit-taking, while perpetual-futures longs remained highly leveraged.
03
TradingBeats monitoring indicated that approximately 17455000 USD in long positions remain open, with an average entry price of 1558.41 USD, representing an unrealized loss of approximately 2137000 USD。
04
The nearest long liquidation line cited in the report was 1359.45 USD, with another estimated liquidation line for approximately 2631000 USD in long positions at 1357.59 USD。
05
The report said that the two large positions, totaling approximately 20086000 USD, had their risk concentrated near 1358—1359 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a ZEC market report about a price decline and the risks facing leveraged long positions. The article states that ZEC rebounded from 1356 USD near 1389 USD, but the liquidation lines for some long positions remain close to 1358—1359 USD; if prices approach these levels, the positions concerned may face greater pressure.
Why it matters to readers
ZEC The short-term decline was substantial, and the liquidation lines for the long positions cited in the report are close to the current price, potentially creating position risk if prices continue to fall.
A liquidation line is the price range at which a leveraged position may be forcibly liquidated; a long position is a bet that the price will rise, and a price decline causes this type of position to incur losses.
Risks and unknowns
The report primarily cited information from HTX and TradingBeats; the relevant price, position, and liquidation data have not been independently verified.
The report also mentioned that the price dipped to 1356 USD, while the nearest liquidation line was 1359.45 USD, so the data may differ in timing or scope.
The material alone cannot establish whether actual liquidations will subsequently increase.
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Long Position
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