On-chain whale new move: $3.6 million USDC in batches to deploy ZEC, what is the intention behind 10x leverage

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【BlockBeats】A recent activity from a new wallet address has caught the attention of traders. According to on-chain data, the address deposited $3.6 million USDC into a leveraged trading platform, then opened a ZEC long position with 10x leverage. The entry price was $407.4908, with a single position size of 1322.89 ZEC.

Interestingly, this does not seem to be a one-time operation. The wallet has pending add-on orders in the price range of $400 to $401, indicating it is waiting for a pullback to further increase the position. This kind of phased position building strategy usually suggests that the operator has a clear view of the subsequent trend and has strong risk management awareness.

USDC-0.04%
ZEC2.09%
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ServantOfSatoshivip
· 22h ago
Playing ZEC with 10x leverage, this guy's really bold. I'm just worried that a quick pullback might lead to liquidation.
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ArbitrageBotvip
· 22h ago
Playing ZEC with 10x leverage, this guy's really got guts... Waiting to be liquidated?
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BugBountyHuntervip
· 22h ago
Playing ZEC with 10x leverage? This guy's really bold, just worried about a sudden flash crash during a pullback. I think staggered positioning is fine, but bottom-fishing within this price range is a bit aggressive, indicating strong confidence in the subsequent trend. Spending 3.6 million USDC, you must have absolute confidence in ZEC to play like this. Small investors should participate moderately to stay safer.
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LayoffMinervip
· 22h ago
Playing ZEC with 10x leverage? Dude, you really have some guts. I just want to see how he manages to withstand the fluctuations.
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ChainBrainvip
· 22h ago
This whale is quite experienced, using the old trick of layering positions in batches. The confidence that ZEC can withstand 10x leverage shows a pretty clear view of the future market. The add-on order at 400 is waiting for a pullback, really a bet on the direction.
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WenMoonvip
· 22h ago
Playing ZEC with 10x leverage, this whale really has some guts... --- Splitting into batches to build a position sounds professional, but it's really just gambling on the subsequent rise. Whether it's reliable or not all depends on luck. --- 3.6 million invested, the key is whether you can hold it. A sudden extreme fluctuation could wipe out your position. --- Why insist on using leverage? Isn't spot trading more straightforward? --- This operation shows strong risk management awareness? Come on, how can 10x leverage be considered strong? Haha. --- Let's wait and see how this whale operates next; it feels like there's a story behind it. --- Placing orders at 400-401 to buy, it definitely looks like there's a pre-planned strategy. --- People are going all-in on ZEC? I don't have that kind of courage.
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HashBrowniesvip
· 22h ago
Wow, this whale is really bold. Using 3.6 million dollars with 10x leverage to play ZEC. As a small retail investor, I was trembling just watching.
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