ZEC Surges Today Triggering Over a Dozen Whale Opening Positions, Hypurrfun Founder Goes Long on ZEC with 10x Leverage

BlockBeats News, December 25th, according to Hyperinsight monitoring, ZEC has rebounded strongly since hitting a low of $404 yesterday, rising to above $450 this morning. At the same time, 11 new whale positions holding over one million dollars each in ZEC were seen on Hyperliquid today, compared to only 9 whale positions opened in ZEC earlier this month. Of note, around 5 a.m. today, four of these whales collectively opened long positions at a similar average price of around $446, with a total size of $7.48 million.

One of the whales is on-chain identified as the "Hypurrfun founder Loracle" at address (0x8de), which opened a 10x leveraged $3.88 million ZEC long position at an average price of $446. This address also holds multiple positions: a 3x leveraged LIT short position (around $220,000), a 5x leveraged HYPE long position (around $25.83 million), currently the second-largest HYPE long on Hyperliquid.