😮🚨
A whale bets against $ZEC 🐋
One of the whales deposited 2.46 million dollars worth of $USDC into the HyperLiquid platform and opened a short position with a leverage of 3× on ZEC, indicating a strong conviction of a price drop.
This move reflects expectations of near-term weakness or a correction resulting from a specific trigger in the price of Zcash.
👀 All eyes are now on the price movement of ZEC: if volatility increases, this trade could quickly lead to increased selling pressure.
