ZEC surges today, prompting over ten whales to open positions and bet, Hypurrfun founder opens long positions on ZEC with 10x leverage

BlockBeats News, December 25 — According to Hyperinsight monitoring, ZEC has rebounded strongly after touching a low of $404 yesterday, reaching above $450 this morning. Meanwhile, today on Hyperliquid, 11 new whale accounts with holdings exceeding $1 million opened ZEC positions, compared to only 9 whales opening ZEC positions earlier this month. Notably, around 5 a.m. today, four whales collectively opened long positions at an average price of approximately $446, with a total scale of $7.48 million. One whale was marked on-chain as related to the address “Hypurrfun Founder Loracle” (0x8de), which opened a $3.88 million ZEC long position with 10x leverage at an average price of $446. This address also holds multiple positions: a 3x leveraged LIT short (about $220,000), a 5x leveraged HYPE long (about $25.83 million), currently the second-largest HYPE long on Hyperliquid.