Biggest leveraged bets on $ZEC seen on-chain recently.


Over the past few hours, the wallet opened a massive 10x long on 36,875 ZEC, with the position now valued at around $19.48M, making him the largest visible on-chain ZEC bull at the moment. The position was entered at an average price of $540.48, while ZEC is currently trading near $527.99, leaving the whale down roughly $455K in unrealized losses already. The liquidation price sits at $481.73, with about $2.6M in margin backing the trade.
At the same time, the whale is also holding a second leveraged position on $HYPE . He currently has a 10x cross long on 217,400 HYPE worth around $10.05M. That position was opened at an average entry of $46.11, with HYPE now trading around $46.27, putting the trade slightly in profit by roughly $31K. The liquidation price for the HYPE position sits at $44.24.
Combined, the wallet is now holding nearly $29.53M in leveraged longs across ZEC and HYPE.
Address: 0x86523927bffeafe2e532f0218feb1f3c29f6120d
ZEC2.68%
HYPE7.66%
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