A whale known as “$BTC Long Top 1” that the market is highly watching is seeing its $ZEC short position steadily crushed. On-chain data shows that the ZEC short’s unrealized loss for this address has expanded to about $5.1 million, with an unrealized loss ratio as high as 51.99%.
The average entry price is roughly $444, while the current ZEC price has surged to $599.97—meaning the short was effectively initiated at the foot of the mountain and has been pulled up to the halfway point. Currently, the liquidation price is still around $2,439, so the short-term liquidation risk remains controllable, but ongoing drawdown on the books is already a settled fact.
This whale’s current ZEC short notional exposure is about $19.65 million, which is a sizeable, high-leverage directional position in the market. On-chain history shows that this address once held more than 50,000 BTC; after lying dormant for about 8 years, it gradually reallocated some BTC to $ETH —truly an ancient whale.
Even more interesting is that its historical trades have repeatedly been highly synchronized with statements related to Trump and shifts in expectations for U.S. policies. It previously laid out shorts precisely ahead of the “10·11” market plunge, earning nearly $100 million—an operator at the level of macro-narrative trading.
For this ZEC short: keep hard-holding or cut losses and exit? It’s not just a question of position size, but an important sample for observing how macro expectations, policy battles, and whale behavior move in tandem.
#比特币日内触及75500美元 #比特币两个月来首破7万美元 #ZEC异动 #巨鲸追踪 #链上观察
If you want it compressed into an even shorter “flash-news version” or a more explosive “emotion version,” just tell me—I’ll make you one. 😎
The average entry price is roughly $444, while the current ZEC price has surged to $599.97—meaning the short was effectively initiated at the foot of the mountain and has been pulled up to the halfway point. Currently, the liquidation price is still around $2,439, so the short-term liquidation risk remains controllable, but ongoing drawdown on the books is already a settled fact.
This whale’s current ZEC short notional exposure is about $19.65 million, which is a sizeable, high-leverage directional position in the market. On-chain history shows that this address once held more than 50,000 BTC; after lying dormant for about 8 years, it gradually reallocated some BTC to $ETH —truly an ancient whale.
Even more interesting is that its historical trades have repeatedly been highly synchronized with statements related to Trump and shifts in expectations for U.S. policies. It previously laid out shorts precisely ahead of the “10·11” market plunge, earning nearly $100 million—an operator at the level of macro-narrative trading.
For this ZEC short: keep hard-holding or cut losses and exit? It’s not just a question of position size, but an important sample for observing how macro expectations, policy battles, and whale behavior move in tandem.
#比特币日内触及75500美元 #比特币两个月来首破7万美元 #ZEC异动 #巨鲸追踪 #链上观察
If you want it compressed into an even shorter “flash-news version” or a more explosive “emotion version,” just tell me—I’ll make you one. 😎