Is a single whale's position worth using as a reference?
0x58f0…0d20 opened a $704,000 long position $ZEC (Hyperliquid, 1364.68).
When looking at whale data, pay attention to three things: whether it's a new position or a closing position, the size of the trade relative to market volume, and whether there are subsequent trades in the same direction. A single trade is just a clue, not a conclusion.
#ZEC
Just chatting—whether you win or lose, you're responsible for it yourself.
0x58f0…0d20 opened a $704,000 long position $ZEC (Hyperliquid, 1364.68).
When looking at whale data, pay attention to three things: whether it's a new position or a closing position, the size of the trade relative to market volume, and whether there are subsequent trades in the same direction. A single trade is just a clue, not a conclusion.
#ZEC
Just chatting—whether you win or lose, you're responsible for it yourself.
