The Currency analytics
A mysterious crypto whale has shaken up the market after transferring $3 million in USDC to decentralized exchange HyperLiquid and opening a $1.4 million short…
Blockchain data shows that the wallet address 0xC385 made four separate deposits totaling $3 million USDC into HyperLiquid over a span of three hours. The tran…
The deposits were made in four parts — $1.99 million, $1 million, and two smaller transfers amounting to around $17,000. The whale’s precise execution and use …
Soon after the deposit, the same wallet opened a 2x leveraged short worth $1.41 million, targeting 3,230 ZEC at an average entry price of $436.58. This positio…
Given the 2x leverage, even a 1% drop in ZEC’s price could yield a 2% profit. Conversely, a sharp rebound could lead to rapid liquidation if ZEC climbs signifi…
At present, Zcash is trading near $403, meaning the whale’s position is already in profit — an early sign that the move may have been well-timed.