Crypto Address Cuts About 8,000 Zcash (ZEC) Long, Leaves No Position

A crypto address reduced its Zcash (ZEC) long by about 8,000 tokens, leaving it with no ZEC position. The position was valued at about $10.3 million. The address’s contract account showed about $21.9 million in cumulative profits. That figure is an accumulated account total, not a newly reported profit from this reduction. The same address had previously closed a ZEC long valued at about $19.3 million on Oct. 25. The address is 0xbf732ea04197942783e34730ed6e0f6099575d58. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.