The largest ZEC short position on Hyperliquid now has an unrealized loss of $20 million, with an additional $5 million in margin recently added.
BlockBeats News, on November 16, according to HyperInsight monitoring, the largest ZEC short position on Hyperliquid has been held for over a month. Early this morning, an additional 5 million USDC was transferred into the account to increase margin. The 5x leveraged ZEC short position was opened at $360, with the current ZEC price at $686 and the liquidation price at $1,084. The unrealized loss has risen to $20 million. This address has been building ZEC short positions since October 11 and has continued to add to the position to average down the cost as the price increased.
This whale has also opened a 15x leveraged ETH short position worth $26 million, currently with an unrealized profit of $7 million, and an entry price of $4,094.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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