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The whale is back! This "ZEC Bear King" has投入 4 million USDC, significantly increasing Ethereum short positions.
【Blockchain Rhythm】On December 26, on-chain data monitoring firm detected an interesting large transaction. A whale known for shorting ZEC transferred 4 million USDC to HyperLiquid, then quickly increased short positions in ETH and ZEC, with Ethereum positions amplified to 15x leverage and ZEC to 5x.
This whale now maintains a total of 8 active positions, with the account valued at approximately $148.8 million, a significant size. Ethereum shorts account for the majority, worth $130 million, while ZEC shorts amount to $12 million. As of now, these positions have an unrealized profit of over $17 million, and the total accumulated profit of the entire account has reached $38 million.
From the behavior, this whale has been continuously adding to positions at market nodes, seemingly very confident in the short side. Such large transactions often create ripples in the market and are signals that many traders pay close attention to.