A cryptocurrency whale identified as "0xf56" has purchased 9,663 Zcash (ZEC) on the HyperLiquid exchange, with the transaction valued at approximately $4.02 million. The average purchase price was $416 per ZEC. Following the acquisition, the whale withdrew the ZEC holdings. Additionally, the whale maintains a 2x long position on 12,009 ZEC, valued at $5 million, according to Onchain Lens monitoring.