1 min read
Lee Goon Wang Places $23 Million Limit Sell Order for 15,000 ZEC
The Hyperliquid order was priced about $30, or 2%, below the market price at the time it was placed.
Lee Goon Wang placed a limit sell order for 15,000 Zcash (ZEC) on Hyperliquid, with the position valued at approximately $23 million and priced below the market at the time.
The order was placed at about 11:09 a.m. ET (15:09 UTC) on Sept. 28. Its limit price was roughly $30 below the prevailing market price, representing a discount of about 2%.
The order adds a sizable potential source of supply to the ZEC market on Hyperliquid. A limit sell order executes only if buyers meet its specified price, so the order's market impact depends on whether it is filled.
