A whale address beginning with 0xc36a restructured its ZEC and PUMP accumulation plan on September 17, placing large buy orders below the current market price. According to BlockBeats On-chain Detection, the address set buy orders for about $5.4 million in ZEC at $1,019 and about $16.3 million in PUMP at $0.00278, with both levels roughly 26% below the current price.
The address currently holds about $14.73 million in ZEC long positions and $3.74 million in PUMP long positions, and it added about $3.82 million in new ZEC long trades today. It now holds about $18.4 million in positions across ZEC and PUMP, with unrealized gains of about $1.61 million on ZEC, or 124%, and about $220,000 on PUMP, or 63%.
If all of the pending buy orders are filled, the planned ZEC exposure would rise to about $20.13 million and PUMP exposure to about $20.04 million, for a combined total of about $40.17 million.