Can't hold it anymore, 1.3 million principal, floating profit of 17.5 million: Brother Qi got crazy profits on ZEC
Look at this whale.
His position on $ZEC, with a principal of 1.3 million, now has a floating profit of 17.5 million USD.
Not a nobody. Formerly one of the top ten holders of the shitcoin $SHIB, single SHIB profits over 100 million, known in the community as Brother Qi.
He previously shared a screenshot: 4x leverage, cost $367, at $1078, floating profit was 10.06 million USD.
Let's reverse calculate how many ZEC he held.
Profit per ZEC: 1078.62 - 367.41 = $711.21
Floating profit 10.06 million ÷ 711.21 = about 14,153 ZEC
How much did he invest?
Position value (at entry price): 14,153 × 367.41 ≈ 5.2 million USD
4x leverage, actual margin: 5.2 million ÷ 4 ≈ 1.3 million USD
1.3 million principal leveraged to a 5.2 million position.
How much has he earned now?
ZEC current price at $1,610:
Profit per coin: 1610 - 367.41 = $1,242.59
Total floating profit: 14,153 × 1,242.59 ≈ 17.59 million USD
From the screenshot on September 6 to now, ZEC rose from $1078 to $1610, he earned an additional 7.53 million USD.
Are you envious, brothers?
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more