Add as a preferred source on GoogleLee Goon Wang Places $23 Million Limit Sell Order for 15,000 ZEC
The Hyperliquid order was priced about $30, or 2%, below the market price at the time it was placed.
Lee Goon Wang placed a limit sell order for 15,000 Zcash (ZEC) on Hyperliquid, with the position valued at approximately $23 million and priced below the market at the time.
The order was placed at about 11:09 a.m. ET (15:09 UTC) on Sept. 28. Its limit price was roughly $30 below the prevailing market price, representing a discount of about 2%.
The order adds a sizable potential source of supply to the ZEC market on Hyperliquid. A limit sell order executes only if buyers meet its specified price, so the order's market impact depends on whether it is filled.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.