An address has opened a long position of approximately 3,380 ZEC on the decentralized contract platform Hyperliquid. The trade carries a notional value of roughly $4.56 million with 10x leverage applied to the position. The liquidation price for this ZEC long is set at around $1,275, according to on-chain data monitored by Onchain Lens. This significant leveraged bet highlights continued speculative activity on Hyperliquid's perpetual futures market.