ZEC/BTC Exchange Rate Retreats After Reaching New High: 「BTC Whale OG Insider」 Shorts Rate, Nets $920,000 in Profit, While Counterparty Faces Net Loss of $2.55 Million

As of May 26, Hyperinsight Monitoring (via Telegram channel @HyperInsight) reports that the ZEC/BTC trading pair has just hit a new all-time high (ATH). The rate first surged to a peak on May 20, then climbed further to reach a new record of 0.00895 on May 23. During this rally, two major whales on the Hyperliquid exchange opened fully opposing directional "ZEC/BTC" combination positions—each exceeding $70 million in size, and now acting as direct counterparties in the trade: 1. **BTC OG Insider Whale** (position opened May 22): - BTC Long (5x leverage): $38.6 million position size - ZEC Short (3x leverage): $34.6 million position size - Bet: Bitcoin will outperform Zcash (meaning the ZEC/BTC rate will decrease) - Current net profit: +$920,000 2. **Trader Evaded** (position opened May 24): - BTC Short (40x leverage): $40.2 million position size - ZEC Long (5x leverage): $32.2 million position size - Bet: Zcash will outperform Bitcoin (meaning the ZEC/BTC rate will rise) - Current net loss: -$2.55 million Following its May 23 peak, the ZEC/BTC rate immediately reversed, dropping 7.76% in roughly 24 hours and now trading at 0.00788. The early-positioned "BTC OG Insider Whale" locked in profits by anticipating the market move, while the later-entry "Trader Evaded" took a position directly against the rate’s peak and is currently facing significant pressure. Associated wallet addresses: 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9 0x86523927bffeafe2e532f0218feb1f3c29f6120d HyperInsight Bot is now live. To auto-sync on-chain data, add @HyperInsightBot to your Telegram group, set it as admin, and enable message-sending permissions.