An anonymous whale lost about $5.84 million on ZEC spot and futures longs after the token fell roughly 9%, according to EmberCN monitoring cited by BlockBeats on Nov. 3.
Spot and Hyperliquid positions
On the spot side, the whale reportedly spent about $31.78 million USDT over four days to buy 25,002 ZEC at an average price near $1,271. The position had an unrealized loss of about $3.26 million.
On Hyperliquid, the whale reportedly opened a long position for 18,910 ZEC near $1,378. After ZEC fell below $1,200, the positions were closed at a stop loss with a reported loss of about $2.58 million. The figures are approximate and attributed to EmberCN; the report does not identify the wallet or specify leverage.
Source: BlockBeats English report, published Nov. 3, 2026. Chinese source.