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

The large models in the United States are moving towards closure in the name of security

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Why do cryptocurrency projects always like to change their names?

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

Who is footing the bill for the $64 billion accounting frenzy?

I never expected that the first application of AI x Crypto would be in security auditing

What is your view on Binance's competitive advantages?

ETH has entered a non-consensus phase, and the turning point is approaching!

The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today

The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX

Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.

Bitcoin vs. Gold in 2026: Which Asset Performs Better in Different Markets?

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends

Former SpaceX engineer reconstructs the financial execution system using first principles


