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$ZEC — Short Seller on the Edge: $14.5M in Losses and Rising!
A high-stakes showdown is unfolding on Hyperliquid, where one short seller has racked up a staggering $14.5 million loss betting against Zcash ($ZEC) — and astonishingly, still refuses to back down. The trader initially opened massive short positions around $294, but with ZEC now soaring to $586, losses have surged by more than 250%.
What’s even more shocking is the trader’s response. Instead of closing the position and cutting losses, they continue to average down, adding more shorts at nearly the same price levels. As a result,