Hyperliquid's "Former Largest ZEC Long" Turns Loss into Gain, With a 24-Hour Unrealized Gain of $2 Million

BlockBeats News, November 15th, according to Coinbob Hot Address Monitor, Hyperliquid's "Former ZEC Largest Long" increased its ZEC long position several times from yesterday to this morning, currently holding 24,000 coins with a position value of $15.65 million, a cost price of $565.8987, a liquidation price of $539.47, and a 24-hour floating profit of $2.07 million (+122.16%).

This whale has been building a position in ZEC since November 3rd when ZEC was around $380. With an initial principal of $2.21 million, the whale opened a long ZEC position and continued to roll over, with the principal growing to $10.5 million at one point, making it the largest ZEC long on Hyperliquid. However, after a decline in ZEC's price, the account suffered heavy losses, with the once multi-million-dollar floating profit dwindling to just $1.42 million in principal. Due to previous significant losses, this whale's long position is currently ranked second.