dYdX narxiDYDX

某巨鲸向HyperLiquid注资449万美元，增持ZEC多头头寸 12 月 3 日，据链上分析师 Onchain Lens（@OnchainLens）监测，某巨鲸向HyperLiquid交易平台存入449万美元USDC，用于增加其ZEC币10倍杠杆多头头寸，并仍有未完成订单计划进一步扩大持仓。 该投资者同时持有ETH（20倍杠杆）和DYDX（5倍杠杆）多头头寸，目前这些头寸浮亏约129万美元，整体账户亏损达270万美元。

Whale Doubles Down on $ZEC Despite Massive Unrealized Losses — Leverage Frenzy Raises Eyebrows 🚨🐋 In a bold — and highly risky — move, an on-chain tracker has identified a crypto whale aggressively adding to a leveraged long position on Zcash (ZEC) despite sitting on multi-million-dollar floating losses. According to Onchain Lens, this trader is showing no signs of slowing down, even as the market continues to push against them. A High-Stakes Bet: $4.49M Deposited to Long ZEC at 10x Leverage The whale has deposited a hefty $4.49 million in USDC on HyperLiquid specifically to maintain and expand a 10x leveraged long on ZEC. Even more notably, the wallet still has additional bids waiting to fill, indicating that the trader is prepared to scale further into the position. This isn’t a passive holder — it’s a player doubling down. Not Just ZEC — ETH and DYDX Also Levered It gets even more intense. Alongside the ZEC bet, the whale is: Long ETH at 20x leverage Long DYDX at 5x Total floating losses across all positions: approximately $2.7 million ZEC is the primary culprit, with the whale’s position currently around $1.29 million underwater. This level of leverage — especially at 20x on ETH — stands out as extremely aggressive, even for seasoned traders. Why the Whale Isn’t Backing Off While most traders would scale out or reduce exposure after realizing such significant drawdowns, this whale is doing the opposite: piling in more capital. Several motivations could be driving this strategy: 1. Belief in an Imminent Short Squeeze ZEC’s liquidity is relatively thin. If open interest is heavily skewed toward shorts, a modest bounce could trigger a sharp squeeze, giving high-leverage longs explosive upside. 2. High Conviction in a Reversal Some whales rely on deeper market signals, order-book analytics, or privileged information that leads them to hold through volatility. 3. Martingale-Style Averaging Risky, dangerous, and often disastrous — but some whales double down hoping to catch a perfect rebound. If ZEC Squeezes, the Payoff Could Be Massive — If Not, Catastrophic This position is binary: Either the market squeezes fiercely in favor of the whale… or they face one of the harshest liquidations of the month. Given the open bids and leverage stack, it appears the whale is bracing for a high-momentum upside move that could flip a $1.29M loss into a multi-million-dollar gain. But in a market as unpredictable as crypto, one thing is certain: Everyone will be watching ZEC closely over the next few sessions.

dYdX Community Introduces "Liquidation Rebate Pilot Proposal"

📉 DYDX/USDT: Technical Viewpoint This $DYDX chart is showing a clear bearish structure after a significant support break, while $BTC and $ETH continue to define the broader market trend. Detailed Analysis: 1. The Support-Resistance Flip: The most important feature on this daily chart is the breakdown below the ~$0.52 support line. This is a classic technical pattern where old support becomes new, heavy resistance. 2. The New Trading Range: Following the drop, $DYDX has entered a tight consolidation phase. The current boundaries are approximately ~$0.25 on the support side and ~$0.35 on the resistance side. 3. Major Supply Zone: The gray box (approx. $0.60 - $0.62) represents a significant area of overhead supply. Any rally attempting to reach this level will likely face strong selling pressure. Outlook: From a neutral perspective, the path of least resistance remains to the downside. The trend is bearish until $DYDX can decisively reclaim the $0.52 level. A break below $0.25 would confirm trend continuation. A break above $0.35 would only be a minor, short-term bullish signal.