「Hyperliquid's Largest ZEC Short」 Adds to ZEC Short Position, Unrealized Gains Give Back $3 Million

BlockBeats News, December 5th, according to HyperInsight monitoring, influenced by the continuous rise of ZEC, the ZEC short position "largest ZEC short on Hyperliquid" has temporarily approached the average position price. In the past 1 hour, the address has cumulatively increased the ZEC short position by approximately $1.72 million, with the current position size at around $14.1 million. The unrealized profit has narrowed from over $3.3 million yesterday to $0.3 million, and the average price has been adjusted to $412.

The address had previously opened a ZEC short position on October 10th at an opening price of around $184, subsequently adding to the position to flatten it, with the average price rising to $419. On October 17th, the maximum floating loss reached $21 million.

According to monitoring, the address is currently short on ETH, ZEC, MON, and HYPE. The main profit comes from the ETH short position, with the recent unrealized profit narrowing by approximately $3 million, the current unrealized profit being $6.22 million (194%), the position size at around $48.05 million, and the average price at $4014. The address recently opened a 3x leveraged MON short position with a position size of around $5.72 million, an unrealized profit of $2.26 million (118%), simultaneously being the largest MON short on Hyperliquid.