Hyperliquid's "ZEC Long Whale" added to their position at the lowest point, liquidated short positions, and realized a weekly profit of over $7 million.
BlockBeats News, November 10th, according to Coinbob Popular Address Monitoring, Hyperliquid's "ZEC Largest Long Position" whale has been intensively building its position since November 3rd, with a principal of $2.21 million. It has successively deployed ZEC long positions in two key ranges, 497–499 dollars and 597–595 dollars. In just one week, the total account balance has doubled to over $10.5 million, making it the largest long position on ZEC contracts on Hyperliquid.
After each intensive position building, the whale has seen a significant price surge in ZEC within 24 hours. Although last week's market correction made it cautious, it partially closed its position to take profits by selling 5,000 to 15,000 ZEC on November 9th and 10th.
Currently, the whale still holds a long position of 55,000 ZEC, maintaining a 5x leverage with an average position price of around $555.4. It is worth noting that during the weekend, about $500,000 was transferred to its on-chain address as reserve funds. These funds have not been used yet, indicating that it may be preparing for the next strategic move.
You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The little deer live by the water and grass

The world belongs to Chinese people who speak English

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

$1.3 Billion Debt: BitDeer Faces Tough Battle

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
