An address long over 22,000 ZEC tokens at an average price of $446.48, and has already made a profit of $1.48 million.

AI Summary1 min read

TL;DR

A major ZEC investor opened a 10x long position at $446.48, holding over 22,000 tokens worth $11.5M. With ZEC above $510, they've made a $1.48M profit, but overall account is at a $756,700 loss due to other holdings.

Tags

ZcashPrivacyZero Knowledge ProofsHyperliquidHalving TokensZEClong positionprofitcryptocurrency

[An address that long on over 22,000 ZEC at an average price of $446.48 has already made a profit of $1.48 million] According to Mars Finance, on December 27th, AI Aunt monitored that the second-largest long position holder of ZEC on Hyperliquid opened a 10x long position on ZEC yesterday at an average price of $446.48. Currently, the account holds 22,457.57 tokens, worth $11.5 million. With ZEC breaking through $510 again, the account has made a profit of $1.48 million. The account also holds a long position in HYPE with a floating loss of $2.3 million, bringing the overall account to a floating loss of $756,700.

Visit Website