The liquidation of a $97 million ZEC whale short position resulted in a 130% unrealized profit, while multiple $20 million whale positions were liquid...
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TL;DR
A BTC whale closed part of a $97M ZEC short, now with $2.4M unrealized profit (134%). Three other whales with $20M positions face liquidation near $653-$655, all opened yesterday.
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Zero Knowledge ProofsPrivacyLayer 1BTC whaleZEC shortliquidationunrealized profitHyperliquid
According to Mars Finance, the BTC whale(0x7b7) that suffered a precise $97 million loss was partially closed 11 hours ago after opening a short position in ZEC yesterday and rolling over the position. The current unrealized profit is $2.4 million (134%), with a total position size of approximately $19 million. Compared to yesterday, the liquidation price was $683, and the current price is $655, with an average price of $666-$661. This address is a well-known player address on Roobet and Stake.com. Since transferring $7 million to Hyperliquid on November 6th, it has experienced both large losses and small gains. On November 17th, it was targeted for short BTC, resulting in a single liquidation of nearly $97 million. Furthermore, monitoring shows that three whale on Hyperliquid with approximately $20 million in positions have liquidation prices between $653 and $655, with an average price between $621 and $661. These are all whale addresses that opened positions yesterday.