ZEC Futures Show Growing Long-Short Divide as Whales Accumulate ETH Positions
Multiple large traders increased Ethereum long positions while Zcash futures showed diverging sentiment on Nov. 8, Hyperinsight, Yu Jin, and on-chain analyst Ai Yi report. The largest ZEC position on Hyperliquid expanded to 55,000 ZEC ($33.89 million) in longs through profit rollover, while the top short position added margin to avoid liquidation. The '1011 insider whale' closed Bitcoin longs and increased Ethereum longs fivefold to 40,000 ETH, while 'Machi' raised ETH positions to $10.32 million with 25x leverage. A new wallet withdrew 2.5 million TRUMP tokens ($18.85 million) from Binance within 12 hours, becoming the largest holder excluding project locks, liquidity pools, and exchanges.