ZEC Surges Over 43% in Two Days: Contrarian Whale Shorts Suffer Consecutive Losses, Another Whale Opens Short at $411 Settlement Price Within the Day
BlockBeats News, April 10th, according to Hyperliquid data, ZEC has accelerated its surge from around $269 on April 8th, with a peak gain of 43.1% in the past two days. Continuing the uptrend today, it reached a high of $385, now trading at $367.5, with a 24-hour gain of 15.7%.
Also, according to Hyperinsight monitoring, during the surge, whales who were heavily short before yesterday and April 8th have suffered significant losses. Among the whales opening new million-dollar positions today, most have chosen to follow the trend for long positions, with only one address, 0x931, taking a contrarian short position.
This short position was opened with 10x leverage, with a scale of $3.44 million, an average price of $365.8, and a liquidation price of $411.5. In addition, it has simultaneously placed take profit and stop loss orders: take profit at $350 and stop loss at $411.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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