ZEC rebounds after short-term plunge, Hyperliquid large whales frequently active

HashBandit · 2026-01-08T06:00:12+00:00

On January 8th, ZEC experienced significant price fluctuations, dropping to $449 and then rebounding to $465, a decline of 6.4%. Top bullish whales increased their holdings during this process, accumulating an additional 9,871 ZEC worth $4.54 million. Meanwhile, the largest bearish whales faced an unrealized loss of $1.64 million, and other addresses continued to increase their short positions, resulting in intense competition between the two sides.

HashBandit

2026-01-08 06:00:12

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【CryptoWorld】On January 8th, ZEC experienced an interesting fluctuation. The price plunged from a high level, dropping to a low of $449, then quickly rebounded to around $465, with a maximum decline of 6.4%.

During this process, the top long whale on Hyperliquid (address 0x152) went from floating profit to floating loss. However, this big holder did not choose to cut losses but instead decisively increased their position around $459. In just 10 minutes, they bought 2,486 ZEC, equivalent to approximately $1.14 million. But that’s not all—over the past 20 hours, this whale has accumulated a total of 9,871 long positions, investing a total of $4.54 million.

Currently, this whale holds a leveraged ZEC long position worth about $12.35 million with 10x leverage, with an average entry price around $463. This move clearly indicates a bet on ZEC rebounding.

However, the scene is not one-sided. The largest short whale in ZEC remains deeply in floating loss, with a current position size of about $17.48 million, an average price of $419, and an unrealized loss of $1.64 million (floating loss of 47%). This short position has not been adjusted recently.

Even more interesting, an address known as “Shanzhai Air Force Leader” has been continuously adding to their ZEC short positions in the past few hours, pushing the short position scale up to $2.08 million, and it appears they are still increasing. The tug-of-war between the bulls and bears is on full display here.

ZEC-3,2%

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BlockBargainHunter

· 01-11 02:31

This whale really has guts, still daring to add 4.54 million in floating losses. I’m sweating for him. ZEC's recent plunge has rebounded again, feels like a shakeout or maybe it's really going to collapse. Playing with 10x leverage so aggressively, one correction and it might be liquidated... Is this kind of big investor behavior worth following, or should everyone just play it safe on their own? Average price at 463, holding so tightly, it seems they are really optimistic about a rebound.

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BlindBoxVictim

· 01-11 01:12

This whale is really risking everything, pouring in 4.54 million directly, holding a leveraged position of 12.35 million. If the price breaks against the position, it will be liquidated immediately. Whether ZEC's recent rebound can stabilize depends mainly on the subsequent actions of the main players. Adding positions to this extent is either a sign of confidence or a desperate gamble; the risk is truly high.

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GateUser-a180694b

· 01-08 15:18

This whale is really ruthless. Even after floating losses, they dare to add 4.54 million in position. I don't have that kind of courage.

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SerRugResistant

· 01-08 06:21

Oh my, this whale is really ruthless, still daring to add 4.54 million despite unrealized losses... This rebound in ZEC is really interesting, let's see if it can hold up. Is it just big players throwing money around? I just want to know where the shorts are. Playing ZEC with 10x leverage, the experience is really intense. Follow the trend to buy the dip or wait and see... This pace is a bit fierce, feels like there will be some changes later on.

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BottomMisser

· 01-08 06:19

Damn, $4.54 million poured in just to gamble on a rebound? I’ve lost more in a month than they’ve invested in ten minutes. This big brother really isn’t afraid of liquidation, going all-in with 10x leverage. But on the other hand, crazy adding to positions at this level—either really smart or really stupid, no middle ground. Is ZEC really about to take off this time, or is it just another big shakeout? Watching it. I just want to ask, is there anyone else like me, who clearly sees the right direction but just doesn’t have the money to get in? This whale must be the reason I can’t sleep.

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SnapshotStriker

· 01-08 06:19

The whale's move is really ruthless. Dropping 4.54 million just to gamble on a rebound. I'm still debating how to handle a few thousand dollars.

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SerLiquidated

· 01-08 06:12

4.54 million invested just to gamble on a rebound, this guy's guts are impressive --- Playing with 10x leverage so aggressively, if ZEC drops again, it'll be liquidated directly --- I knew there was a story behind the whale increasing its position, just riding the wave --- Average price of 463 and still holding on, it shows real confidence --- Adding to the position every 20 hours, do they know some insider information? --- A long position of 12.35 million hanging there, I’m nervous for it --- Adding more while floating in loss, now that's the true gambler's mentality haha --- This wave of ZEC's rebound is entirely thanks to this brother's blood transfusion --- 4.54 million, just saying it makes me shiver --- The trend on January 8th was truly exciting, I believe in the whale this time

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MEVictim

· 01-08 06:06

This whale is really crazy, risking losses and still daring to add positions. I just want to see how he ends up. --- Putting 4.54 million in just to gamble on a rebound? Quite a bold move. --- Playing ZEC with 10x leverage, this risk awareness... I just can't understand. --- 0x152's move is purely a battle with himself. --- Wait, it only rebounded to 465? The whale's average price is already 463, feels like it needs to keep rising to be stable. --- Adding positions without stop-loss, this tactic works in a bull market, but in a bear market, it's just giving away the gains. --- A long position of 12.35 million still hanging there, looks exhausting to watch. --- I'm just curious if this guy will add more later, feels a bit impulsive. --- ZEC's plunge this time reminds me of the last crash, so exciting. --- Spending 1.14 million in 10 minutes, this execution is impressive, indicating it was planned long ago. --- What does "the scene is not one-sided" mean? Are the bears also causing trouble? --- Playing with leverage so big, a sudden dip can wipe out the position, but luckily the rebound was quick. --- Forget it, watching the whale's moves always makes me want to follow, I need to change this mindset.

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GasFeeSobber

· 01-08 06:03

This whale really isn't afraid of liquidation, throwing down 4.54 million just to gamble on a rebound. I don't have that courage.

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