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Big Altcoin Whale Falls Victim to Greed: Made $3.2 Million in Profits, But

source-logo  en.bitcoinsistemi.com 04 January 2026 15:52, UTC
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While the transactions of large investors in the cryptocurrency market continue to be closely monitored, a notable movement has occurred in Zcash ($ZEC).

A whale profited $3.2 million by closing a long position in $ZEC. However, shortly afterward, he closed a short position he had opened about an hour ago with a loss of $1.6 million. Thus, he gave back half of his previous profit.

The whale’s past performance is also noteworthy. Having previously lost $7.7 million in Bitcoin (BTC) transactions, the investor’s total net loss has reached $5.56 million with his recent $ZEC transactions.

However, significant trading activity was also observed among other whales in the market.

Another address that is consistently increasing its $LIT short position is currently holding around $300,000 in profit, with a size of $9.35 million and an average cost of $2.71. They also opened a $ZEC short position today and continue to increase it; the current size is approximately $1 million. This address is the largest short seller of $LIT on Hyperliquid.

*This is not investment advice.

en.bitcoinsistemi.com