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Whale Takes Action to Protect $ZEC Long Position on Hyperliquid Amid Losses
Gate News bot message, a significant market participant has deposited $1.5 million USDC into Hyperliquid to maintain their leveraged ZEC position. The deposit occurred as ZEC traded below $370.
The trader, who holds a 10x leveraged long position in ZEC, currently faces a floating loss of $4.28 million, with total losses reaching $6.6 million.