Odaily reported, citing HyperInsight data, that the so-called 1011 insider whale currently holds a long position of 50,013.17 ZEC. The position is valued at approximately $24.135 million and is showing an unrealized profit of about $2.171 million. The reported return on the ZEC long position stands at 17.99%.
ZEC Long and BTC Short Show Opposite Results
The same whale also holds a short position of 1,268.33 BTC, according to the same HyperInsight data. This BTC short position is valued at around $83.19 million. Unlike the ZEC long position, the BTC short is currently showing an unrealized loss of approximately $13.352 million, with a reported return of -80.25%.
The disclosed positions show the whale holding exposure in different directions across ZEC and BTC: the ZEC long is in unrealized profit, while the BTC short is in unrealized loss. These figures are based on the current position values reported by HyperInsight. Unrealized gains and losses represent paper changes in value and are not the same as realized profit or loss.