According to Onchain Lens monitoring, whale address 0xf56 purchased 9,663 ZEC on HyperLiquid at an average price of $416, worth $4.02 million, and subsequently withdrew. The whale also holds a 2x long position of 12,009 ZEC, valued at approximately $5 million. This large purchase and long exposure signal strong bullish sentiment on ZEC.
On-chain data reveals that whale address "0xf56" bought 9,663 ZEC on HyperLiquid at an average price of $416, totaling approximately $4.02 million, and has since withdrawn the tokens. The address also maintains a 2x long position of 12,009 ZEC, with a floating value of around $5 million. The combination of a significant spot purchase and leveraged long position underscores a pronounced bullish conviction on ZEC from this whale.
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