2025-12-15 09:20:47

What does this wave of position adjustments by large contract holders imply? They closed over $3.6 million worth of ZEC short positions in just two hours, yet they are still firmly suppressing Ethereum?

A few days ago, a mysterious major player on Hyperliquid caused a stir again. In just 120 minutes, they closed over $3.6 million worth of ZEC short positions, and since the 12th, their total reduction has approached $6.08 million. At first glance, it seems like they might be planning to run away? Don’t overthink it—right now, they still hold the largest short positions on ETH, ZEC, and MON on the platform, with total holdings remaining around $118 million.

The most striking thing is that this big player’s performance is somewhat inconsistent. Currently, their ZEC short position shows an unrealized loss of $560,000, but looking at their Ethereum short positions, they’ve actually earned an unrealized profit of $8.15 million, with a return rate soaring to 140%. This indicates that they’re not simply bearish on the market but are carefully selecting their sectors—some coins are heavily suppressed, while others are quickly admitting losses. The logic behind this is very clear.

Honestly, retail investors are most prone to making mistakes when they see this kind of news. Large capital means lower average cost and stronger drawdown tolerance; their trading strategies are simply not suitable for small accounts. Especially for coins like ZEC, which are volatile and have limited liquidity—one big player adjusting their positions can cause a storm. Blindly copying their moves can lead to getting caught quickly.

Instead of chasing after big players’ tails recklessly, it’s better to stay calm. Observe the market for a few days, understand the technical and fundamental aspects of ETH and ZEC, and then make decisions based on your own risk tolerance. Frequent chasing and panic selling or holding through the dips will always end up hurting retail traders without a plan.

One sentence: The opportunities to make money in the market are always there, but the prerequisite is having an effective strategy. Not greedy, not panicking, and not blindly following others—these are the fundamentals for ordinary investors to stand firm in the crypto market.

ETH-0,25%

ZEC-2,54%

MON-1,06%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

18 Likes

Reward
18
10
Repost
Share

Comment

0/400

ShitcoinConnoisseur

· 2025-12-18 09:18

8.15 million floating profit versus 560,000 floating loss, this guy is definitely choosing the battlefield, not just blindly bearish Here comes another story with a 140% return rate, retail investors will probably just like and share Coins like ZEC have shallow depth, when big players move, waves roll in, following the trend is really like giving away money To put it simply, just because someone is making money doesn't mean you can too; the scale of funds is completely different Calmly observing technicals and fundamentals is much better than blindly following big players

View OriginalReply0

CryptoPunster

· 2025-12-17 16:42

Smiling and losing this trade, I am that fool blindly following the big players. Big brother shorted for 8.15 million, and I’m still debating whether to chase. Truly incredible. ETH is still being suppressed; I don’t believe it can still fall. Going all in. I understand this wave of ZEC reduction; the next second, I’m confused again. The life of retail investors is to be used to lower the cost for big funds, full of that flavor. Not greedy, not panicking, not blindly following. Easy to say, I’ve already been greedy all along. That’s the difference between me and the big shots. They have a 140% return rate, I only have a -140% mindset. First lesson of the bear market survival guide: shut up, don’t follow others, then get slapped in the face. When a big player rebalances and stirs up waves, I, as a small retail investor, am just that dust blown away. Observe the trend for a few days? I can’t even clearly observe my own account password.

View OriginalReply0

TommyTeacher

· 2025-12-17 08:22

It's the same story again: big players make a fortune while retail investors lose. That thing with ZEC is really a trap; just one position can cause a dump.

View OriginalReply0

token_therapist

· 2025-12-17 01:33

Is this the same old story? Do they really think retail investors are fools? If big players can achieve 140% returns, can we? It's not even in the same league.

View OriginalReply0

FlippedSignal

· 2025-12-15 09:50

This big player is really ruthless. Even after admitting loss on ZEC, they still stubbornly hold onto ETH. I respect the logic of selectively shorting.

View OriginalReply0

BlockchainBouncer

· 2025-12-15 09:50

This big shot is really incredible. They admitted a loss of 560,000 in ZEC without changing their expression, then turned around and made over 8 million in ETH. I could never learn this mental toughness.

View OriginalReply0

HalfBuddhaMoney

· 2025-12-15 09:46

Whales' move basically means they're betting on ETH to continue falling, while ZEC is cutting losses and stopping the loss. Retail investors, don't be fooled into trying to bottom fish.

View OriginalReply0

OnchainHolmes

· 2025-12-15 09:39

Coming back with this again? ETH is making a killing, ZEC is still holding on, which shows they really know what they're doing. What are we retail investors following?

View OriginalReply0

MoonlightGamer

· 2025-12-15 09:26

This big player strategy is truly top-notch. Despite ZEC's losses, they still dare to hold tightly. Cowards are all blinded by the 140% floating profits. Truly profitable traders have never been those who follow blindly...

View OriginalReply0