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ZEC surges today, prompting over ten whales to open positions and bet, Hypurrfun founder opens long positions on ZEC with 10x leverage
On December 25, according to Hyperinsight monitoring, ZEC rebounded strongly after touching a low of $404 yesterday, and this morning it rose above $450. Meanwhile, today on Hyperliquid, 11 new whale addresses with holdings over one million dollars each 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 of these whales is linked to an on-chain address marked as “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.