POPA ReconTwo days later, this entity is still unshielding ZEC and selling it on Hyperliquid.
Two days later, this entity is still unshielding ZEC and selling it on Hyperliquid. Over the past three days, it has unshielded a total of 112.8K ZEC ($90M), of which 13.05K ZEC ($10.4M) remains unsold. The ZEC wasn’t shielded for long. This entity shielded it just minutes before unshielding it and depositing it into Hyperliquid, presumably to obscure the trail. All of the ZEC appears to have been withdrawn from Binance in late 2025 or early 2026. t1dZmyFcBaFa9U2VpyLSUWbmtAMPyQLZpUQ It rotated the proceeds into 38.5K SOL ($4M) and 872.4 BTC ($67.7M). The 112.8K ZEC represents roughly 0.67…
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