ZEC traded around $1,445.2 on Sept. 20, down about 7.7% over the past 24 hours, according to TradingBeats. The move has tightened conditions for four whale addresses holding long positions on Hyperliquid, with combined exposure reaching roughly $17.978 million.
The largest address, 0xcbab, has already reduced its ZEC long by about $5.245 million during the day, but still holds a position worth around $12.921 million. TradingBeats data shows the address holds 8,933.8 ZEC at an average entry price of about $1,477.48, with an unrealized loss of roughly $279,000. Its liquidation price stands at $1,374.16, or about 4.92% below the current market price.
Another address beginning with 0xabf6 still holds 1,976.18 ZEC in a long position valued at about $2.857 million, with an estimated liquidation price of $1,380.28, around 4.49% below spot. Together, those two positions account for about $15.778 million in liquidation risk clustered between $1,374 and $1,380.
Before ZEC reaches that zone, two smaller long positions face nearer pressure. Address 0xc46a holds a ZEC long worth about $1.642 million with an estimated liquidation price of $1,411.99, about 2.30% below the current price, while 0x421e holds about $558,000 with a liquidation level at $1,397.31, or roughly 3.31% below spot.
ZEC traded at about $1,445.2 on Sept. 20, down roughly 7.7% over the past 24 hours, according to TradingBeats.
Four momentum-chasing whale longs come under pressure
On Hyperliquid, the 0xcbab address has already cut around $5.245 million from its ZEC long position today. Even so, it still holds a long worth about $12.921 million and sits less than 5% away from liquidation. The address currently holds 8,933.8 ZEC at an average price of about $1,477.48, with an unrealized loss of roughly $279,000. Its liquidation price is $1,374.16, about 4.92% below the current market price.
In the same area, an address beginning with 0xabf6 still holds a ZEC long of 1,976.18 tokens, valued at about $2.857 million. Its estimated liquidation price is $1,380.28, or about 4.49% below the current price. Combined, those two positions represent about $15.778 million in long exposure with liquidation risk concentrated around the $1,374 to $1,380 range.
Two other positions face even closer risk levels
Before price reaches that concentrated zone, two other ZEC longs sit closer to liquidation. Address 0xc46a holds a ZEC long worth about $1.642 million, with an estimated liquidation price of $1,411.99, about 2.30% below the current market price. Address 0x421e holds a long worth about $558,000, with an estimated liquidation price of $1,397.31, around 3.31% below spot.
Based on the figures published by TradingBeats, the four addresses together hold about $17.978 million in ZEC long positions.
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