ZEC Sees Largest Short Position on Hyperliquid in Over a Month, with Floating Losses Narrowed to $6.5 Million

BlockBeats News, November 13th, according to HyperInsight monitoring, the largest ZEC short position on Hyperliquid has been held for over a month. The unrealized loss has narrowed from a peak of over $20 million to $6.5 million, with the opening price at $336 and the current ZEC price at $453, making the position worth as much as $25 million. The address initiated the ZEC short position on October 11th and consistently added to the position during the price rise to lower the average entry price, with no closure of the position so far.

This whale also opened a 15x leverage ETH short position worth $27 million, currently showing an unrealized profit of $5.5 million, with an opening price of $4,094.