BTC OG Whale Shorts 57,400 ZEC with $190K Floating Loss

KuCoinFlash

Release Time: 05/25/2026 02:42:23

Summary

Whale activity shows a significant ZEC short by the "BTC OG Insider Whale" on May 25, with 57,400 ZEC entered at an average price of $626.40. The position currently carries a $1.9 million unrealized loss due to weekend price increases. The whale also holds a 5x leveraged BTC long at $77,394, with a minor $80,000 loss. This positioning suggests a ZEC/BTC spread trade. Additionally, the whale holds 148,000 HYPE tokens valued at $9.12 million. Traders are advised to implement a stop-loss strategy amid volatile market conditions.

BlockBeats report, May 25: According to Coinbob's Popular Address Monitoring, the "BTC OG insider whale" associated address has opened a short position on ZEC with 3x leverage, holding 57,400 ZEC worth approximately $37.88 million at an average entry price of $626.40. Due to ZEC's price increase over the weekend, this short position is currently underwater by $1.9 million.

Notably, this address also holds an equal-sized BTC long position with 5x leverage, at an average entry price of $77,394, currently experiencing a slight unrealized loss of $80,000. This position structure may indicate a ZEC/BTC spread trade (expecting ZEC to weaken relative to BTC).

Additionally, in spot positions, this whale has accumulated approximately 148,000 HYPE, valued at around $9.12 million.

Address: 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9

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