Anonymous Trader Makes $5.65 Million Profit on Hyperliquid with ZEC Long Position

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author: CryptoNews

date: November 08, 2025

1 min. read

An anonymous trader has reportedly amassed a substantial $5.65 million in unrealized profits on Hyperliquid by strategically leveraging a Zcash (ZEC) long position. According to insights from EmberCN, this trader's success stems from a tactic of continuously opening long positions with unrealized gains, effectively "burning" the position. The trader initially established a ZEC long position five days ago, with an average purchase price of $410. The position has grown to 55,000 ZEC, with a current average price of $513.5 and a liquidation price of $500.8. This strategy demonstrates a high degree of risk management and market acumen. ZEC has experienced a significant upward trend since September, fueled by increased market activity and investor interest in privacy coins. The surge of over 270% in the past month reflects this momentum. CoinMarketCap data indicates that ZEC is currently trading at $619.27, marking an 11% increase. This impressive performance has undoubtedly contributed to the trader's substantial profits. ```