A prominent crypto whale, known for a previous $230 million liquidation, has initiated a $1.26 million short position on Zcash (ZEC) with 3x leverage. The whale is also executing a limit sell order for $1.22 million worth of ZEC within the $653.58 to $661.4 price range. Additionally, the whale holds a substantial $39.21 million long position on Bitcoin (BTC) and $2.49 million in HYPE tokens, with an additional $407,000 buy order for HYPE pending execution.