Hyperliquid bought an additional 8,000 ZEC at a higher price after the liquidation of the "Former Largest ZEC Long" position. The current position size is approximately $7.7 million.
BlockBeats News, November 14th, according to Coinbob Popular Address Monitor, in the past 6 hours, on Hyperliquid, the "Former ZEC Largest Long" whale (0x96e) increased the ZEC long leverage to 6 times, and fully added the released margin and remaining funds to the ZEC long position to 8000 coins, with a position size of 7.71 million US dollars, an average price of 534 US dollars, and an unrealized loss of 350,000 US dollars (28%). According to monitoring, the address gradually closed the stop-loss ZEC long position of nearly 7000 coins during today's market crash, recording an additional unrealized loss of 490,000 US dollars, and then bought back on a slight ZEC increase.
This ZEC whale, since November 3rd when ZEC was around $380, opened a long ZEC position with a principal of 2.21 million US dollars and has been continuously rolling this position, with a high average price of 555 US dollars. The principal doubled to 10.5 million US dollars within a week. It was once the largest ZEC long on Hyperliquid, but after the ZEC price fell, its long position currently ranks second.
Recently, starting from ZEC breaking below $600, it has gradually reduced its position by selling off 40,000 coins of ZEC, reducing the position size from 37.01 million US dollars to less than 5 million US dollars, resulting in a loss of approximately 1.55 million US dollars, with the principal dropping to 1.32 million US dollars.
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