Lookonchain APP

App Store

ZEC Long vs Short Showdown Upgrade: "ZEC Whale Short" Increased Losses to $20 Million, Leading Bull Longs Already Profited $6.5 Million

1 days ago

December 29th — Per HyperInsight monitoring, ZEC has notched a ~22% cumulative gain since Dec 27, sparking a spike in open interest (OI) on the Hyperliquid platform. Top on-chain long and short positions for ZEC have both ramped up their bets. The largest ZEC short address recently added to its position, pushing it back to $19.84 million (avg entry: $417) — with a floating loss of ~$4.51 million (-113%). Active in shorting ZEC since October, the address cut its short from $16.5M to $9.1M on Dec 17 before reloading. Its total short position now sits at $163M (up from $113M), making it the biggest short holder for the platform’s three top coins: ETH, ZEC, and MON. Meanwhile, whale address 0x6b2 significantly boosted its 3x leveraged ZEC long yesterday (avg entry: $520). Its current ZEC long totals $32.2M (avg: $431) with ~$6.53M in floating profit (60%) — now the largest on-chain ZEC long holder.
Relevant content

Alan Tam's son Tan Xiaofeng was once in charge of the NFT game CryptoKitties and is now a Senior Software Engineer at a Web3 company

December 30 – Per Lianhe Zaobao, Howard Tam, son of "King of Songs" Alan Tam, has turned in standout performance in crypto and tech in recent years. He currently serves as a senior software engineer at a Web3 startup, focusing on building digital wallets and cryptographic protocols. The outlet notes that while at Canadian gaming firm Axiom Zen, Howard Tam led the development of *CryptoKitties*—the world’s first Ethereum-based NFT game. Post-launch, the game once made up over 16% of transaction volume on the Ethereum network.

2 minutes ago

Bitcoin briefly rebounds above $88,000, Ethereum rebounds above $3,000

December 30th: Per HTX market data, Bitcoin briefly rebounded above $88,000 and is currently trading at $87,928, up nearly 0.55% in the past hour. Ethereum briefly climbed above $3,000 and is now trading at $3,000.29, with a nearly 1.49% gain over the past hour.

2 minutes ago

Grayscale: Value Storage Demand and Regulatory Clarity Will Drive Crypto Bull Market, Bitcoin Could Hit New High in First Half of Next Year

On December 30th, Grayscale’s research arm released its 2026 Cryptocurrency Market Outlook report, noting that demand for store-of-value assets and clearer regulation are fueling the next crypto bull market in 2026. Escalating government debt, persistent fiscal deficits, and concerns over fiat currency devaluation are pushing investors to diversify beyond traditional assets. Additionally, Grayscale predicts the U.S. crypto market structure bill—delayed by political gridlock and government shutdowns—will gain bipartisan support and advance in early 2026. While the bill failed to pass in 2025 amid political headwinds, lawmakers from both parties now seek to establish clearer federal rules for digital assets. Thus, Grayscale projects a valuation surge in 2026, with the so-called "four-year cycle" concluding. Bitcoin’s price is likely to hit a new all-time high in the first half of 2026.

2 minutes ago

Binance Alpha has launched OOOO, now trading at $0.083

December 30 — Binance Alpha has listed OOOO, with the token currently trading at $0.083, per market data.

2 minutes ago

「100% Win Rate 1% Drawdown」 Trader Earns 5x Annual ROI, Longing BTC at Paul Wei's Short Entry of $90,200

On December 30th, data from Coinbob Popular Address Monitor (via its Telegram channel at https://t.me/Coinbob_track_CN) indicates that the wallet address starting with 0x721 has amassed roughly $50,000 in principal since January this year, posting a profit of $272,000. Over this period, it has completed 82 round-trip trades, with monthly and overall win rates both exceeding 80%, a 100% weekly win rate, and a mere 1% drawdown. Currently, the address holds a 20x leveraged short position on BTC, with an average entry price of $89,300 and an unrealized profit of 44%. In the past hour, it has placed around 100 dense buy orders, narrowing the range to $80,000–$87,000, and plans to close the short and go long when BTC dips to $86,383 (triggering its 11th buy order). It also previously set 100 sell orders in the $90,200–$94,200 range, 4 of which have been filled. The address’s trading style leans toward a pyramiding hedged grid strategy: layering long and short orders within a defined

2 minutes ago

Two Whale Addresses respectively pool 2,000,000 USDC and 1,500,000 USDC to 3x short LIT

Per Onchain Lens monitoring on December 30: - Whale address 0x47e deposited 2M USDC and opened a 3x leveraged short position on LIT. - Whale address 0xd6b deposited 1.5M USDC and opened a 3x leveraged short position on LIT.

2 minutes ago