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

BlockBeats News, November 7th, according to HyperInsight monitoring, today's ZEC rose by 15% again, currently priced at $586. The largest short position on ZEC on Hyperliquid (0xd47) is now facing an unrealized loss of $14.5 million (approximately 250%), with the loss expanding 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, with no closure so far. Its current main positions are: ZEC 5x short $29.26 million; ETH 15x short, unrealized gain of $5.95 million (approximately 353%).