Whale Account Adds $10.6 Million in Bitcoin, HYPE and ZEC Longs

An account beginning with 0xedcd added roughly $10.62 million in long positions across Bitcoin (BTC), HYPE and ZEC on Oct. 13. The account’s total long positions were valued at more than $60.95 million.

The account bought about 96 BTC, 17,283 HYPE and 1,215 ZEC. The average purchase prices were approximately $81,597 for BTC, $80.59 for HYPE and $1,145.83 for ZEC.

The three new positions showed about $300,000 in unrealized gains. Across all of its long positions, the account had combined unrealized gains of roughly $11.91 million.

The account also held a 20,000-Ether (ETH) long position valued at about $50.33 million. The position used 4x cross-margin leverage and had approximately $11.61 million in unrealized gains.

The account’s trading activity follows other recent whale positioning in HYPE, including a previously reported HYPE long position worth approximately $18.4 million.

The account previously bought roughly $38.72 million worth of Ether about an hour before Ether began moving on Aug. 19.