Whale Opens $9.1M 10x Long on HYPE After $8.24M ZEC Bet

On-chain data from HypurrScan shows wallet 0x3ed4 has opened a 10x leveraged long on 142,754 HYPE tokens worth approximately $9.1 million, with a liquidation price set at $41.93. The position was entered after a recent price pump, signalling the whale is betting on continued upside momentum rather than fading the move.

The same wallet made a similarly sized leveraged bet just one day earlier, opening a 10x long on 13,356 ZEC worth $8.24 million. Two consecutive high-conviction leveraged longs across different assets in under 48 hours points to an aggressive, directionally bullish posture from this address.

For traders watching whale positioning as a sentiment indicator, the back-to-back entries — both at 10x leverage — suggest this wallet is leaning hard into the current market structure.