The new address has opened a 2x short position for 5000 ZEC, with an entry price of $400 and a liquidation price of $615.37.

BlockBeats News, December 15th, according to OnchainLens monitoring, a newly created wallet address deposited $1.23 million USDC into HyperLiquid and opened a short position for ZEC with 2x leverage. The short position size reached 5,000 ZEC, with an entry price of $400 and a liquidation price of $615.37.

The whale currently still holds approximately $404,000 in assets on-chain, and is likely to continue depositing into HyperLiquid.