The "Largest ZEC Short" on Hyperliquid Continues to Close Out Positions, Reducing Position Size by Approximately $8 Million

On November 19th, according to Coinbob Hot Address Monitor, within the past 24 hours, the largest ZEC short position on Hyperliquid (0xd47) has been gradually liquidating its ZEC short position by using stop-loss orders. The position size has decreased from $43.2 million to $35.34 million, resulting in a loss of approximately $1.78 million. The current unrealized loss on its ZEC short position is $14.61 million (206%), with an average entry price of $360. This address initiated a short position on ZEC on October 10th at an entry price of around $184 and has been continuously adding to the short position since then. Recently, it has begun to close out a portion of its position through stop-loss orders, and the total nominal value of the account is now approximately $67.86 million.