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ZEC rises over 43% in two days: contrarian big whales repeatedly incur losses, and within the day, a large whale still opened a short position at a liquidation price of 411.
CryptoWorld News: On April 10, according to Hyperliquid data, ZEC accelerated its rally from around $269 on April 8, and recorded a 43.1% increase at one point over the past two days. The rally continued today: the high reached $385, and it is currently trading at $367.5, with a 24-hour gain of 15.7%. In addition, according to Hyperinsight monitoring, during the rally period, the large whales that had opened short positions before April 8 and yesterday have all recorded significant losses. Among the large whales that opened million-dollar positions today, most chose to follow the trend and chase the rally, with only the address 0x931 taking a contrarian short position. That short position was opened with 10x leverage, with a size of $3.44 million, an average entry price of $365.8, and a liquidation price of $411.5. In addition, it has set both take-profit and stop-loss orders: take profit at $350 and stop loss at $411.