On November 14th, according to HyperInsight monitoring, the largest short position in ZEC on Hyperliquid has been held for over a month, with floating losses narrowing from over $20 million at its peak to $9.5 million. The opening price was $336, and with ZEC currently trading at $508, the position is worth a staggering $28 million. This address initiated its ZEC short position on October 11th, continuously adding to the position to average down its cost during price increases, but has yet to close any positions.
The whale also opened a 15x short position in ETH, worth $26 million, and is currently showing a floating profit of $6.6 million. The opening price was $4,094.
