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20 million USD swing trader signals a trend reversal: reducing BTC and PUMP positions, shifting to bullish ZEC
【Blockchain Rhythm】Yesterday within 1 hour, a major holder called “20 Million Wave Hunter” (address 0x880a) made a big move to adjust their holdings. They cut their short positions on BTC and PUMP, and switched to long ZEC. Currently, their unrealized profit has already reached $10.06 million.
This address is not a novice; they have been running short-term trades across various cryptocurrencies for a long time, relying on high leverage short strategies to profit from volatility. Data shows that in the past week, they earned a total of $8.7 million. Behind this consistent excess return, it indicates that in this market wave, high-frequency traders are continuously extracting liquidity premiums through precise timing and leverage combination strategies. The shift of ZEC from being neglected to being favored also reflects the rapid rotation of market hotspots.