BlockBeats News, Nov. 3 — According to monitoring by EmberCN, as ZEC fell about 9% today, a whale that recently went long on ZEC in both spot and futures markets has incurred total losses of about $5.84 million.

On the spot market, the whale spent about 31.78 million USDT over the past four days to buy 25,002 ZEC at an average price of about $1,271. The position is currently showing an unrealized loss of about $3.26 million.

In futures, during the same period, the whale opened a long position of 18,910 ZEC on Hyperliquid at about $1,378. After ZEC fell below $1,200 early this morning, the entire position was closed via stop-loss orders, resulting in a loss of about $2.58 million.