Data: A certain whale continues to buy the dip on ZEC, purchasing more as the price falls, with the current floating loss on the 5x leveraged long position reaching 3.5 million USD

Hyperbot data shows that a certain whale has been continuously increasing its position in a 5x leveraged long position on ZEC every time it drops, buying at around $1,170, $1,030, $970, and near $904 this morning, adding funds during the price decline to maintain the position.

Currently, this trader holds a long position in ZEC worth approximately $18.5 million, with an unrealized loss of about $3.5 million. Data indicates that the whale reduced its long position by 2,000 ZEC four hours ago, but if the price further drops to around $762, it will face liquidation risk.