Huoshan Finance reports that, according to Hyperliquid data, ZEC accelerated upward from around $269 on April 8, reaching a peak gain of 43.1% over the past two days, hitting $385, and is currently trading at $367.5. Meanwhile, Hyperinsight monitoring shows that during this rally, large whales who had previously established short positions before and on April 8 have incurred significant losses. Among new whale positions opened today in the million-dollar range, most have followed the trend and bought long, with only the address 0x931 maintaining a short position. This short position was opened with 10x leverage, totaling $3.44 million at an average price of $365.8, with a liquidation price of $411.5. Additionally, the trader has set corresponding take-profit and stop-loss orders: take-profit at $350 and stop-loss at $411.
ZEC Surges Over 43% in Two Days Amid Whale Liquidation Risks
MarsBitShare
Summary
Whale activity in the ZEC market intensified as the asset surged over 43% in two days, peaking at $385 from $269 on April 8. Data from Hyperliquid and Hyperinsight shows whale movements triggered significant losses for short positions. A major whale opened a $3.44 million short position at $365.8 with 10x leverage, facing liquidation at $411.5. The whale also set a take-profit at $350 and a stop-loss at $411.
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