A whale opened a 2x short position in ZEC, with a holding value of approximately $1.41 million.

2025-11-01 08:00

According to Lookonchain monitoring, in the past 3 hours, whale address 0xC385 deposited $3 million USDC into HyperLiquid and opened a 2x short position of 3230 ZEC, with a current holding value of approximately $1.41 million.

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ZEN surged above $21, rising over 70% intraday.

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The two whales profited over $4 million from their long positions in ZEC, but still have an overall unrealized loss of approximately $5 million.

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