「Hyperliquid's Largest ZEC Short Position」 ZEC Short Turns from Loss to Profit, Account has Overall Unrealized Gain of Nearly $15 Million

BlockBeats News, December 1st, according to Coinbob Popular Address Monitor data, in the past 2 hours, the ZEC short position of the "Largest ZEC Short on Hyperliquid" has turned from a loss to a profit, and continues to close ZEC and APT short positions with a small profit of about $200,000. The current ZEC short position has decreased from approximately $30 million last week to $23.21 million, with a floating profit of $2.11 million (45%) and an average price of $419. In addition, it also holds ETH, MON, and HYPE short positions, with an overall floating profit of nearly $15 million.

The address had previously opened a ZEC short position on October 10th at a price of around $184, and then persisted in adding to the short position. On November 17th, the maximum floating loss reached $21 million, and today the position has turned from a loss to a profit. It is now the largest short on ZEC and MON on Hyperliquid.