A big trader started to lay low yesterday. Address 0x8de…92dae (Hyperliquid platform ZEC long TOP2 holder) opened a 10x leveraged long position in ZEC when the average price was $446.48. Now holding 22,457.57 ZEC, the paper value has reached $11.5 million.
As ZEC once again broke through the $510 threshold, the unrealized profit on this long position has surged to $1.48 million. However, this trader also has a long position in HYPE, which is currently showing an unrealized loss of $2.3 million. So, the overall account is still in a loss.
This move is quite interesting — preemptively positioning in ZEC, but the gains were offset by losses in HYPE.
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StakeTillRetire
· 29m ago
This guy really knows how to play, earning 1.48 million on the left hand and losing 2.3 million on the right hand, it's truly heartbreaking.
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MetaReckt
· 4h ago
Ha, it's another crazy knife that profits with the left hand and loses with the right hand.
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This guy really dares to play; the tiny profit from zec was wiped out by hype in one slap.
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A typical greed problem; zec made a good profit this round, but hype directly wrecked the scene.
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Basically, it's too scattered to bet; one punch can't beat the other.
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1.48 million floating profit was wiped out by 2.3 million in losses, truly incredible.
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Wanted to win two bets, but ended up with a bit of both, hilarious.
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That's the joy of leverage—happy when making money, desperate when losing.
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Why do some people think they can manage multiple positions at once? Here's the answer.
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MEVHunter
· 4h ago
lmao this whale thought they cracked the code... 10x leverage play on ZEC looks clean until HYPE bagholding wipes the whole edge 💀
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ChainBrain
· 4h ago
This guy really made 1.48 million on the left hand and lost 2.3 million on the right hand. Now that's called hedging.
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CoinBasedThinking
· 4h ago
This guy made 1.48 million or lost it—his move was absolutely brilliant.
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VitaliksTwin
· 5h ago
This guy is a gambler, winning one hand and losing the next, still losing overall or not?
A big trader started to lay low yesterday. Address 0x8de…92dae (Hyperliquid platform ZEC long TOP2 holder) opened a 10x leveraged long position in ZEC when the average price was $446.48. Now holding 22,457.57 ZEC, the paper value has reached $11.5 million.
As ZEC once again broke through the $510 threshold, the unrealized profit on this long position has surged to $1.48 million. However, this trader also has a long position in HYPE, which is currently showing an unrealized loss of $2.3 million. So, the overall account is still in a loss.
This move is quite interesting — preemptively positioning in ZEC, but the gains were offset by losses in HYPE.