A certain whale (0xfc5e…9949) opened a long position of $ZEC on Hyperliquid, worth $1.5 million, at a price of 1157.9.
What to make of it: Opening a new long position suggests these funds are betting on prices rising. However, one address’s position doesn’t represent the broader market direction. Also watch out for cascading volatility caused by long liquidations.
#ZEC
What to make of it: Opening a new long position suggests these funds are betting on prices rising. However, one address’s position doesn’t represent the broader market direction. Also watch out for cascading volatility caused by long liquidations.
#ZEC
