Top Trader Shifts Gears, Bets Big on ZEC Amid Market Volatility
On January 13, a well-known high-leverage trading address (0x880a) executed a significant portfolio shift within just one hour. As market volatility spiked, the trader exited short positions in Bitcoin and PUMP, reallocating capital into a substantial long position in ZEC, signaling strong confidence in its near-term upside.
High-Frequency Strategy Delivers Nearly $8.7M Weekly Return
The address has built a reputation for agile, cross-asset swing trading, frequently rotating positions across major cryptocurrencies. Focused primarily on leveraged short strategies during choppy markets, it has consistently captured outsized returns. Over the past week alone, realized gains totaled approximately $8.7 million.
Unrealized Gains Surge Past $10M, Drawing Market Attention
With ZEC showing strength post-entry, the new long position has quickly generated substantial unrealized profits. The account now sits on over $10.06 million in paper gains, drawing increased scrutiny from on-chain analysts. This move may indicate growing interest in privacy-oriented or mid-cap digital assets.
- Execution Time: January 13, completed within an hour
- Trade Direction: Closed BTC and PUMP shorts, initiated ZEC long
- Unrealized Profit: $10.06 million
- Weekly Realized Gain: ~$8.7 million
- Strategy Profile: High-frequency swings, multi-asset rotation, leveraged execution