A whale address spent $4 million to buy ZEC spot, while also holding a $5 million long position.

BlockBeats News, July 2nd, according to Onchain lens monitoring, a whale (address "0xf56") bought 9,663 ZEC on Hyperliquid at an average price of $416, spending $4.02 million, and then withdrew it. The whale also holds a long position of 12,009 ZEC (2x), worth $5 million.