🐋 $ZEC Whale Dumps 30K Tokens, Loses Nearly $1M as Price Slips
According to Coinbob, the whale known as “ZEC Precision Trader” (0x96e) has offloaded more than 30,000 ZEC in the past 9 hours — realizing a $960K loss as price dropped below the average entry. Their remaining position, worth $10.37M, is now down 46% with $950K in unrealized losses and a liquidation level near $420. 💥
This trader was once the largest ZEC long on Hyperliquid, turning an initial $2.21M deposit (Nov 3) into $10.5M before aggressively trimming exposure.
Meanwhile, the largest ZEC short on Hyperliquid (0xd47) is still open — though unrealized losses have shrunk from $20.19M to $10.87M. The wallet holds a $30.64M short at an average entry of $336, showing no signs of closing. ⚡
With both sides under pressure, ZEC volatility remains high — expect sharp moves as these whales continue their tug-of-war. 🌀
