Whale: Stakes HYPE, Opens $11M ZEC and LIT Longs
Whale with $38.75M PnL stakes HYPE and opens 10x ZEC long at $490.49 plus LIT positions on HyperliquidX after months dormant.
SourceAnalysis
A whale with +$38.75M lifetime PnL just returned after months of inactivity, depositing $892K USDC to stake HYPE before opening a 10x long on 14,290 ZEC worth $7.01M and a 5x long on 1.62M LIT worth $3.98M on HyperliquidX, with an additional limit order placed for 10,032 more LIT.
Price at $490.49 holds above the EMA50 support at $458.74 and EMA200 at $463.47 inside a bullish trend structure while the MACD golden cross at 7.44 reinforces continuation, yet the position now tests upper Bollinger resistance at $501.8 with RSI at 62.28 leaving room for a measured pullback toward the 50-EMA before any extension higher.
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