The "Largest ZEC Short" on Hyperliquid Continues to Close Out Positions, Reducing Position Size by Approximately $8 Million
BlockBeats News, November 19th, according to Coinbob Hot Address Monitor, in the past 24 hours, the largest ZEC short position on Hyperliquid (0xd47) has been steadily closing out its ZEC short position through stop-loss orders. The position size has decreased from $43.2 million to $35.34 million, resulting in a loss of approximately $1.78 million. The current unrealized loss on its ZEC short position is $14.61 million (206%), with an average entry price of $360.
This address opened a short position on ZEC on October 10th at an entry price of around $184 and has since continued to add to its short position. Recently, it has started to close out some of its position through stop-loss orders, and the total nominal value of the account is now approximately $67.86 million.
You may also like

Oracle "Outage": Aave Faces $27 Million Irregular Liquidation

A single tweet caused a 17% crash in oil prices, who's not a Meme yet

March 11th Market Key Intelligence, How Much Did You Miss?

Benefit-Loaded Event | With over 500 sign-ups, how else can this Lobster Tug-of-War Extravaganza be spiced up?

a16z’s Brutal Lesson to Crypto Founders: Why Enterprises Don’t Buy the Best Technology?

The rivers and lakes are no more, Li Lin returns

Earn Up to 300% APR With WEEX Auto Earn: Limited-Time Crypto Passive Income Event
Earn up to 300% APR with WEEX Auto Earn in this limited-time crypto earning campaign. Activate Auto Earn, invite friends, and unlock additional referral crypto rewards before March 25.

BitsLab Deep Production: Nanobot User Security Practice Guide

What are the common traits of people who founded a $5 Billion+ company before the age of 23?

Why Hasn't $160 Billion Stripe Gone Public?

All the AI News You Need to Know is Here, Lyrical Officially Launches AI News Feed

Bitwise: Why Bitcoin Is Destined to Impact a Million Dollars?

Amid Geopolitical Turmoil, Tokenized Gold Emerges Alongside Round-the-Clock On-Chain Markets

Who Longs War on Polymarket?

4 AI Trading Strategy Lessons from WEEX Hackathon Finalist
Finalist Bambi shares how AI tools helped turn real trading experience into an automated strategy, why survival-first risk control shaped the system’s design, and how the approach will evolve ahead of WEEX AI Trading Hackathon Season 2.

Hong Kong Crypto Ecosystem 2.0: Stablecoins, RWA, and the New Battleground for Financial Institutions

Polymarket Arbitrage Bible: The Real Gap is in the Mathematical Infrastructure
