ZEC Emerges as Dominant Position as Crypto Trader Rebuilds $2.9M in Longs After BTC Volatility, Following $18.46M Loss in 7 Days

COINOTAG News, citing Coinbob’s Popular Address Monitoring, reports that a trader nicknamed “Calm Long Opening King” closed BTC long positions, booking about $78,000 in gains before reallocating capital into ZEC longs. The rotation signals a tactical shift within the crypto book as BTC exposure tightens.

Data indicate that at roughly 1:00 a.m. local time, a sharp BTC move triggered a substantial liquidation of the same trader’s BTC exposure, estimated at $1.52 million. With roughly $300,000 remaining, the account reestablished longs in BTC, SOL, ZEC and MON, lifting notional exposure to about $2.9 million and leaving a small drawdown.

Current top long bets run through ZEC, SOL and MON, with ZEC leading at around $1.68 million. Historically, this trader has generated significant profits from a modest principal, though recent activity includes three large liquidations totaling roughly $18.46 million in seven days, underscoring elevated risk.