A certain ZEC trader was less than $6 away from being liquidated, suffering a loss of over $3 million within the day

BlockBeats News, June 5th, according to Hyperinsight monitoring, a recent analysis by Hyperliquid platform identified a trader focusing on longing ZEC. The trader manually deleveraged multiple times today before the settlement price, gradually lowering the liquidation line. The address had previously accumulated a long position of 13,000 ZEC. The current holdings have decreased to 5,080 ZEC, equivalent to about $2.02 million, with a liquidation price of $383.8, making it the closest million-level position address to the liquidation line.

At the time of writing, the address is less than $6 away from liquidation, with the current price around $388. The remaining position faces an unrealized loss of about $700,000, reaching approximately 2.5 times the initial margin; coupled with the previous rounds of deleveraging losses, the accumulated loss in the past 24 hours has reached $3 million.

Address: 0xb2662fca65f6446b8b1898340118d44d680a4449

Additional Information: The whale has now executed one round of manual deleveraging, with the next liquidation price set at $369 and a remaining position of $1.1 million.