Mysterious trader bets millions ahead of Trump's 4PM executive order

Core Insights - A crypto trader has taken significant long positions in Ethereum (ETH) and Zcash (ZEC) ahead of President Trump's executive order on state regulations regarding artificial intelligence [1][3] - The trader's positions are valued at $32 million in ETH and $19.4 million in ZEC, indicating a strong bullish sentiment in the crypto market [4][5] - The total crypto market capitalization has surpassed $3 trillion, reflecting a 2% increase in the last 24 hours, with notable price movements in major cryptocurrencies [6] Cryptocurrency Positions - The trader opened a 5 times leveraged long position on ETH and a 10 times leveraged long position on ZEC on the decentralized trading platform Hyperliquid [3] - At the time of reporting, the trader is sitting on an unrealized profit of $1.5 million [5] Market Performance - Bitcoin (BTC) is trading at $88,645.47, up 1.26%, while Ethereum (ETH) is at $2,967.58, up 4.72%, and Zcash (ZEC) is at $570.94, down 5.65% [6] - Solana (SOL) has seen a 3% increase, trading at $137.12, highlighting its position as a leading blockchain ecosystem [6]