Zcash (ZEC) experienced a 6.4% price drop, reaching a low of $449 before rebounding to approximately $465. During this period, the largest ZEC long whale on Hyperliquid increased its position by 2,486 ZEC, totaling 9,871 ZEC in long positions valued at $4.54 million. The whale's 10x leveraged position now stands at $12.35 million, with an average entry price of $463. Meanwhile, the largest ZEC short whale remains in a floating loss, with a position size of $17.48 million at an average short price of $419, incurring a 47% loss. Additionally, a prominent altcoin shorting entity has increased its ZEC short positions to $2.08 million, continuing to expand its stance against ZEC.