Whale Doubling Down on $ZEC Despite it Being Deep in the Red 🐋💥
Onchain Lens flagged a whale levering up hard on HyperLiquid:
• $4.49 million $USDC deposited to long ZEC at 10x — with more bids waiting to fill
• Also long $ETH (20x) and DYDX (5x)
• Total floating losses: roughly $2.7 million
• ZEC long alone: about $1.29 million underwater
Despite the drawdown, this whale is clearly not backing off from this risky path.
If ZEC squeezes, this position gets explosive. If not… ouch. #WhaleAlert #WhaleWatch


