「Hyperliquid's Largest ZEC Short」 Adds to ZEC Short Position, Unrealized Gains Give Back $3 Million

By: theblockbeats.news|2025/12/05 15:16:01

BlockBeats News, December 5th, according to HyperInsight monitoring, influenced by the continuous rise of ZEC, the ZEC short position "largest ZEC short on Hyperliquid" has temporarily approached the average position price. In the past 1 hour, the address has cumulatively increased the ZEC short position by approximately $1.72 million, with the current position size at around $14.1 million. The unrealized profit has narrowed from over $3.3 million yesterday to $0.3 million, and the average price has been adjusted to $412.

The address had previously opened a ZEC short position on October 10th at an opening price of around $184, subsequently adding to the position to flatten it, with the average price rising to $419. On October 17th, the maximum floating loss reached $21 million.

According to monitoring, the address is currently short on ETH, ZEC, MON, and HYPE. The main profit comes from the ETH short position, with the recent unrealized profit narrowing by approximately $3 million, the current unrealized profit being $6.22 million (194%), the position size at around $48.05 million, and the average price at $4014. The address recently opened a 3x leveraged MON short position with a position size of around $5.72 million, an unrealized profit of $2.26 million (118%), simultaneously being the largest MON short on Hyperliquid.

-- Price

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.

On the eve of the explosion of on-chain options

Options are becoming a new anchor in the cryptocurrency market.

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?

A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.

Deconstructing the Public Chain Pharos Capital Game: Is a $950 million valuation supported by assets like photovoltaics just a shell transaction under layers of betting?

a16z: AI is making everyone 10x more productive, but the true winner has yet to emerge

Institutional AI and Retail AI "Better Integration" is an Inevitable Trend.

Why did the star Web3 project Across Protocol choose to abandon DAO?

The proposal for Across to privatize itself is a rare move, but it comes at a time when the industry is beginning to recognize that DAOs are a difficult organizational structure to operate.