BlockBeats News, August 22. According to TradingBeats (formerly Hyperinsight), a super whale (0x089fe537f4b2af55fa990bc64ff4125800bba4f8) known for its arbitrage trading in the ZEC contract market has preemptively accumulated a long position in ZEC. The current unrealized gain has reached $6.6 million.

The whale's entry this time was slightly early. On July 17, they accumulated 20,771 ZEC at an average price of $536.43, with a position value of approximately $11.1 million at the time, leveraging only 1x. As of writing, with ZEC priced at $852, the position has unrealized gains of $6.6 million, with an unrealized gain ratio of over 58%.

Reviewing the whale's trading history, this is a whale focused on ZEC trading, with a very sophisticated trading strategy characterized by a strong focus on ZEC, repeated profit-taking. Since November last year, nearly 10 large transactions have all revolved around ZEC, engaging in both long and short operations, making them a "ZEC professional." The account has a high trading success rate of 72.73%, with total profits nearing $8 million. They are adept at contra-addition and strictly adhere to low-risk operations. At the same time, their timing is quite accurate, catching the ZEC price action during periods of volatility. In this round, the whale entered precisely at $536, hitting the entry point accurately, and has not yet placed a sell order, patiently waiting for a market reversal.