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

On November 15th, according to Coinbob Hot Address Monitor, the "Former ZEC Largest Long" of Hyperliquid increased its ZEC long position several times from yesterday to this morning. Currently, it holds 24,000 coins with a position value of $15.65 million. The cost price is $565.8987, the liquidation price is $539.47, and the 24-hour floating profit is $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 it over. At one point, the principal grew to $10.5 million, making it the largest ZEC long on Hyperliquid. However, after the price of ZEC declined, the account suffered heavy losses. The once multi-million-dollar floating profit shrank to just $1.42 million in principal. Due to previous significant losses, this whale's long position is currently ranked second.