A whale closed a ZEC long position at a loss of over $1.2 million, then opened a 10x leveraged long position on HYPE worth $16.6 million

According to Onchain Lens monitoring, a whale closed a ZEC long position at a loss of over $1.2 million, then opened a long position on 263,400 HYPE tokens with 10x leverage, with a position value of $16.6 million.