The top three privacy coins' whale holders are all at a loss, with ZEC's largest long position losing $6.68 million.
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On February 26 (UTC+8), monitoring of popular addresses on a certain exchange showed that the top whales holding ZEC, XMR, and DASH in the privacy sector on the Hyperliquid platform are all currently at an unrealized loss, with no positions closed or exited yet. Among them, the largest long address for ZEC, 0xcf9, holds a position of $5.03 million with 10x leverage at an average price of $574, currently at an unrealized loss of $6.68 million, with a loss rate of 294% and a liquidation price of $142. The largest long address for XMR, 0xc17, holds a position of $3.29 million with 3x leverage, at an unrealized loss of $350,000, a loss rate of 32%, and an average price of $384, and continues to add to its long positions in ZEC and XMR to average down. The largest long address for DASH, 0xd47, holds a position of $1.63 million with 5x leverage, at an unrealized loss of $1.34 million, a loss rate of 414%, and an average price of $64. This address was previously the largest short for ZEC.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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