The largest short position in ZEC on Hyperliquid has been closed, exceeding $6 million. It is currently also the top short position holder in ETH.

AI Summary1 min read

TL;DR

Hyperliquid's largest ZEC short position has been partially closed, reducing by over $6 million. The trader remains the top short seller for ETH, ZEC, and MON, with ETH shorts generating significant profits.

Tags

ZcashZero Knowledge ProofsEthereumPrivacyHalving TokensHyperliquidZEC short positionETH short sellercryptocurrency tradingmarket monitoring

On December 15, according to HyperInsight monitoring, in the past 2 hours, the "largest short seller of ZEC on Hyperliquid" closed more than $3.6 million of short positions in ZEC. Since December 12, its position size has decreased by about $6.08 million, and its current position size is about $18.2 million, with a floating loss of $560,000 (-15%), and an average price of $389.

In addition, he is also the largest short seller of ETH, ZEC, and MON on Hyperliquid. Currently, his main profits come from short ETH positions, with a position size of approximately $87.3 million, an average price of $3,436, and a floating profit of $8.15 million (140%). The current total short position in the account is approximately $118 million.

The address had previously opened a short in ZEC on October 10 at an opening price of approximately $184. It subsequently added to its position to average down the price. By October 17, its position had incurred a floating loss of $21 million.

Visit Website