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There is new activity on the ZEC long head address on the Hyperliquid platform. The top-ranked holding account 0x6b2…0e03f currently holds 48,000.89 ZEC, with a total value of approximately $24.62 million, and unrealized gains have reached $4.949 million.
Interestingly, the opening cost of this address was $409.87, which was some time ago. Only the funding fees have already paid $80,000, demonstrating the holder's strong conviction. On December 15, they also added to their position, and when ZEC dropped to a low of $371, they did not choose to cut losses.
From this perspective, major players are clearly aiming for higher target levels. The market is paying attention—at what price will they choose to take profits? This signal is quite meaningful for subsequent market trend judgments.