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The largest ZEC short seller on Hyperliquid previously rolled over large short positions and is now once again in an unrealized loss.
BlockBeats news, on December 9, according to HyperInsight monitoring, in the past 15 hours, due to the continued rise of ZEC, the “largest ZEC short position on Hyperliquid” has once again fallen into an unrealized loss. The address partially closed about $1.24 million in ZEC short positions, with the current position size at about $25.7 million, liquidation price at $886, and an unrealized loss of $1.4 million (-27%). Additionally, monitoring shows that since December 5, this address has continuously increased its ZEC short positions by over $11 million, with the average entry price dropping from $412 to $387. Moreover, there have also been significant increases in short positions for ZEC and MON this month, with average prices reduced. The main profit currently comes from ETH short positions, with an unrealized gain of about $7 million (223%), and a position size of about $47.21 million, with the average price dropping from $4,015 to $3,573. The recently opened 3x leveraged MON short position is about $7.44 million, with an unrealized gain of $2 million (80%), and an average entry price of $0.035, making it the largest MON short position on Hyperliquid. Previously, this address opened a ZEC short position on October 10 at an entry price of about $184, then gradually increased the position and raised the average price; on October 17, the maximum unrealized loss reached $21 million, turned profitable on December 1 with a peak unrealized gain of over $3 million, but has now fallen back into a loss.