This operational mode is quite typical: large positions, low leverage, riding the trend, not betting on direction but on volatility.

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CoinNetwork
According to CoinJie.com news, the whale increased its ZEC short position on the HyperLiquid platform by 1,294.60 coins, worth approximately $884,549.97. The position size reached $5,043,792.41. Its average entry price was adjusted from $672.98 to $672.62. The current profit and loss is +$9,954.40 (+1.97%). The current coin price is $671.30, and the liquidation price is $2,945.37. The whale has long relied on the market’s downward volatility, going long BTC while also shorting HYPE, with profits exceeding $37 million over the entire cycle.
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