ZEC slides 7.7% in 24 hours; four whale wallets face $17.98M in potential liquidations

AI Market Summary
ZEC fell ~7.7% over 24 hours as leveraged positioning on Hyperliquid shows clustered liquidation risk. Four whale-linked long positions total about $17.98M, with two addresses holding ~$15.78M of exposure facing liquidation roughly 4.5%–4.9% below spot, and two smaller positions even closer. This setup can amplify near-term volatility via forced deleveraging if price tests the liquidation band.
Impact level
● Medium
Affected assets
ZEC/USDT-8.75%
AI Insight · ZEC/USDTAI Insight
▼ Bearish
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HuoXing Finance said that as of Sept. 20, TradingBeats data shows ZEC trading around $1,445.20, down about 7.7% over the past 24 hours. On Hyperliquid, wallet 0xcbab trimmed its long exposure by roughly $5.245 million today, yet still holds about $12.921 million in ZEC longs. The position remains within 5% of its liquidation level. The wallet holds 8,933.8 ZEC at an average entry price of about $1,477.48, showing an unrealized loss of roughly $279,000. Its liquidation price is $1,374.16, around 4.92% below the current price. A second wallet in a similar range, beginning with 0xabf6, is still long 1,976.18 ZEC worth approximately $2.857 million, with an estimated liquidation price of $1,380.28, about 4.49% below the current price. Together, the two wallets account for about $15.778 million in long positions with liquidation risk concentrated around $1,374–$1,380. Ahead of that band, two other large long positions have closer liquidation thresholds. Wallet 0xc46a holds about $1.642 million in ZEC longs with an estimated liquidation price of $1,411.99, roughly 2.30% below the current price. Wallet 0x421e holds about $558,000 in ZEC longs with an estimated liquidation price of $1,397.31, about 3.31% below the current price. In total, the four wallets hold approximately $17.978 million in ZEC long positions.