Hyperliquid's largest ZEC short position open loss has exceeded $22.04 million

BlockBeats News, November 17th. According to on-chain analyst Auntie Ai (@ai_9684xtpa), the largest ZEC short position on Hyperliquid is currently facing a floating loss of over $22.04 million. As ZEC once again broke through $700, the address holding 60,870.43 ZEC in a short position suffered heavy losses, even after reducing its position. The current latest liquidation price is $1,112.45.

The largest ZEC short position on Hyperliquid has been holding the position for over a month. In the early hours of yesterday, an additional 5 million USDC was transferred to the account to increase the collateral. The address has been shorting ZEC since October 11th and has consistently added to the position during rallies to average down the cost.