"1011 giant whale with a liquidation of $230 million" shorted ZEC and longed BTC, with a total position size exceeding $4,000.

On May 22, according to on-chain analyst Ai Yi, the "1011 giant whale who was liquidated for $230 million" has just opened a ZEC short position. Currently, it holds a 3x short position worth $1.26 million and has limit-sold $1.22 million worth of ZEC in the range of $653.58 to $661.4. In addition, it holds a BTC long position worth $39.21 million and $2.49 million in HYPE spot (with $407,000 pending buy orders not yet filled).