Crypto Whale Opens 16,704 ZEC Long Position on HyperLiquid, Now Up $23K

A major crypto whale identified as “0xF562” has made a significant move on HyperLiquid, depositing $10.12 million in USDC before opening a 16,704 ZEC long position with 1x leverage, with signs that additional exposure may follow.

The position was entered at $407.45 per coin, and with Zcash trading near $409.41, it is currently up by roughly $23,260. As this trade progresses, the whale’s overall cumulative profit now stands at about $7.7 million.

Source: Onchain Lens