ZEC: Hyperliquid Trader Books $5.2M Profit

ZEC extended its rally on Hyperliquid with trader @solanadoomer1 closing a 14,300 ZEC long for a $5.237 million profit at $1559.6.

Whale Garrett Bullish added margin after dumping $87.5 million in ETH spot and now sits on a $30.75 million unrealized loss on a $55.89 million ZEC short entered at $665.84. The move highlights elevated Hyperliquid perpetual futures ZEC trading volume and whale positioning.

Price at $1557.71 holds a bullish structure above the 50-EMA at $1279.8 and 200-EMA at $978.96 while MACD registers a golden cross at 94.42. With price testing upper Bollinger resistance at $1661.46 and RSI at 74.41 overbought, a healthy retracement toward the 50-EMA support at $1279.8 appears probable before continuation. Traders tracking ZEC price prediction models now watch for volume spikes on any pullback.