Top whale holders of privacy coins ZEC, XMR, and DASH on Hyperliquid are experiencing significant unrealized losses, according to Coinbob's Popular Address Monitoring. The largest ZEC holder, with a 10x leveraged long position, faces a $6.68 million unrealized loss, a 294% loss exceeding the initial margin, with a liquidation price of $142.
The largest XMR holder maintains a 3x leveraged long position with a $350,000 unrealized loss, while the largest DASH holder, with a 5x leveraged position, faces a $1.34 million loss. Despite these losses, none of the holders have closed their positions, opting instead to average down by adding to their positions.
Privacy Sector Whales Face Heavy Losses on Hyperliquid
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
