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A Whale Doubles Down on ZEC Short, Position Worth $1.41 Million

By: theblockbeats.news|2025/11/01 08:15:51

BlockBeats News, November 1st, according to LookIntoChain monitoring, Whale "0xC385" deposited 3 million USDC to HyperLiquid in the past 3 hours and opened a 2x short position of 3,230 ZEC (1.41 million USD).

Total open interest of ZEC perpetual futures contracts is approximately $713 million, with a 24-hour increase of 25%.
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An whale has deposited an additional 1.5 million USDC to avoid the liquidation of a 10x leveraged position in ZEC. The unrealized loss on the position has now reached 4.28 million USD.

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