Just spotted some heavy action in ZEC markets over the last 24 hours. One whale initiated a long position at $6.1M notional value around the $475 level, but things haven't gone smoothly—sitting on a $1.2M drawdown as the asset faced selling pressure. Not alone in this either. Another trader went long with a $5M position at similar levels, now nursing a nearly $1M loss as the dip extended further. The moves highlight how volatile these larger ZEC positions can get during corrective phases. Worth watching whether these big holders average down or bail.