On a major exchange platform, the position performance of a ZEC long-term whale has attracted attention. This trader currently holds 48,000.89 ZEC, with a total value of approximately $24.62 million, and an average opening price of around $409.87.

Looking at the position history, this order has been active for quite some time — with a total funding fee expenditure of $80,000, which demonstrates a long-term bullish outlook. More intriguingly, during recent ZEC fluctuations, the price once dropped to $371, but this large holder chose to hold firm and added to their position on December 15. Such continued accumulation at low points typically indicates strong confidence in the market’s future direction.

As of now, this position has realized an unrealized profit of $4.949 million. In the face of intense volatility in the crypto market, being able to withstand pullback pressures and keep adding to the position reflects a certain level of conviction. What is the source of this confidence? The market is waiting for their next move — where they will realize gains could serve as a reference for many followers.