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Hyperliquid's largest ZEC short position continues to increase its exposure, now facing an unrealized loss of $14.5 million

3 hours ago

On November 7th, according to the monitoring of HyperInsight, ZEC rose by 15% again today and is currently priced at $586. The largest short position on ZEC on Hyperliquid (0xd47) is now facing an unrealized loss of $14.5 million (about 250%), and the loss has expanded by another $3 million compared to yesterday. The address holds a position of approximately $29.26 million with an average price of $294. This address initiated a ZEC short position on October 11th and has been gradually averaging up during the price increase, and there is no closure so far. Its current main positions are: ZEC 5x short $29.26 million; ETH 15x short, with an unrealized gain of $5.95 million (about 353%).
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