A certain whale simultaneously took long positions in ZEC spot and futures, incurring a total loss of approximately $5.84 million.

November 3rd, according to EmberCN monitoring, as ZEC fell about 9% today, a whale who recently double-longed ZEC with both spot and contracts suffered a total loss of approximately $5.84 million.

On the spot side, over the past 4 days, the whale spent approximately $31.78 million USDT to buy 25,002 ZEC at an average price of about $1,271, currently sitting on an unrealized loss of approximately $3.26 million;

On the contracts side, during the same period, opened a long position on Hyperliquid for 18,910 ZEC at approximately $1,378. After ZEC dropped below $1,200 in the early hours of today, all positions were stopped out and closed, with a loss of approximately $2.58 million.