According to Onchain Lens monitoring, whale address 0xf56 purchased 9,663 ZEC at an average price of $416 on HyperLiquid, worth approximately $4.02 million, and withdrew the tokens. The whale also holds a 2x long position on 12,009 ZEC, valued at around $5 million. This large-scale operation signals a bullish stance on ZEC.
According to Onchain Lens, whale address 0xf56 purchased 9,663 ZEC at an average price of $416 on the decentralized derivatives trading platform HyperLiquid, totaling approximately $4.02 million. The tokens were subsequently withdrawn to the whale's wallet. In addition, the same whale holds a 2x long position on 12,009 ZEC, valued at approximately $5 million. This substantial purchase and the establishment of a leveraged long position reflect the whale's strong bullish outlook on ZEC's near-term price action.
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