A Hyperliquid address tracked by TradingBeats increased its ZEC long exposure during a pullback on Sept. 28, according to BlockBeats. The wallet, 0x152e, bought roughly 8,017 ZEC in additional size, with total executed value estimated at about $12.62 million. After the latest buys, the address’s ZEC long position rose to around 18,400 ZEC.
The position was still under water at the time of the update, showing an unrealized loss of about $1.31 million. TradingBeats said this address began the current round of position building on Sept. 27, when its average entry price was about $1,659. Following the Sept. 28 add-on purchases, the average cost basis for the current holding was lowered to around $1,622.
The update describes a whale adding exposure into weakness rather than reducing risk, with the latest purchase taking place while ZEC was pulling back.
Hyperliquid address 0x152e kept adding to its ZEC long during a price pullback on Sept. 28, according to TradingBeats, as cited by BlockBeats.
The wallet bought about 8,017 ZEC in total, with executed value reaching roughly $12.62 million.
After the additional buys, its ZEC long position increased to around 18,400 ZEC. The overall position was showing an unrealized loss of about $1.31 million at the time of the update.
TradingBeats said the address started this round of position building on Sept. 27, with an average entry price of about $1,659. After the latest add-on purchase, the average cost basis for the current position was lowered to around $1,622.
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