BlockBeats news, on May 6, according to Lookonchain monitoring, a newly created address took a 10x leveraged long position of 5,000 ZEC and 25,000 HYPE within the past hour, valued at approximately $3.74 million.
New address takes a 10x long position on 5,000 ZEC and 25,000 HYPE worth $3.74M
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Summary
On-chain trading signals indicate that a new address opened a 10x long position on 5,000 ZEC and 25,000 HYPE, totaling $3.74 million, as of May 6. Lookonchain data confirms the trading activity of this position. Blockbeats reported the move, highlighting the increasing use of on-chain tools to monitor large trader actions.
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