ZEC +0.3% as Unrealized Profits Tighten on Hyperliquid

As of NOV 22 2025,

increased by 0.3% over the past day, reaching $518.99. Over the last week, ZEC fell by 14.9%, but it climbed 28.4% in the past month and soared 823.33% over the past year.

Largest ZEC Long on Hyperliquid Sees Unrealized Profit Shrink to $3.5M

A notable shift has occurred in the ZEC market as the biggest long position on Hyperliquid continues to develop. HyperInsight reports that a $19.35 million ZEC position with 5x leverage remains open, with an average entry point of $419.23 per token.

The unrealized profit for this position has recently narrowed to $3.5 million, suggesting the trade is currently consolidating in value.

This update highlights ongoing activity in the ZEC derivatives space, where major traders are closely watched for their liquidity and market direction. The shrinking unrealized profit indicates that, although the position is still long, recent price movements have brought ZEC’s value closer to the average entry price. Market participants are likely monitoring this position for any momentum changes, as it could reflect broader sentiment shifts.

Mixed Short-Term Performance in the Market

Even with the reduced unrealized profit on Hyperliquid, ZEC’s price has inched up in the last 24 hours, closing at $518.99. This comes after a steep 14.9% drop over the past week, highlighting the asset’s recent volatility. Despite this, ZEC has rebounded 28.4% in the last month and has surged 823.33% over the past year, pointing to strong long-term fundamentals.

The current price appears to be supported by both broader economic trends and ongoing on-chain activity. With significant long positions still open, the market could soon test important resistance levels. Analysts have not provided specific price predictions, as the latest moves seem to reflect current positioning rather than future outlooks.

Strategic Confidence Evident in Positioning

The persistence of a $19.35 million long position at 5x leverage highlights the conviction of major players in ZEC’s medium-term prospects. Although unrealized gains have lessened, the fact that the position remains open and leveraged shows the trader is maintaining their stance, anticipating further gains.

This type of position often signals a strategic approach rather than a short-term play. With ZEC trading at $518.99, the gap between the average entry and current price is narrow, indicating a possible consolidation before a breakout. Such patterns are common in volatile markets and can precede significant moves.

ZEC Market Draws Attention Amid On-Chain Developments

The ZEC network continues to be in the spotlight due to its on-chain progress and open interest. The ongoing presence of the largest long on Hyperliquid points to a broader confidence in the asset’s long-term value and market structure.

Although there has been a recent dip, long-term indicators remain strong. The 823.33% increase over the last year underscores a robust fundamental story, backed by both on-chain activity and market sentiment. As prices consolidate and large positions stay active, the market seems poised for a potential resurgence in momentum.