Two ZEC Long Whale Liquidations, 'Hyperliquid's Largest ZEC Short' Position Goes from Loss to Profit

BlockBeats News, December 16th, according to HyperInsight monitoring, it was reported that ZEC experienced a short-term decline of about 5.5% and fell below $380. The ZEC short position of the "Largest ZEC Short on Hyperliquid" has turned from a loss to a profit, with the current position size of approximately $16.5 million, an average price of $389, and an unrealized gain of $250,000 (8%).

According to monitoring, among the three whales with a liquidation price around $350 today, the 0x58e address completely closed its position today, the 0x96e address partially closed its position with a loss of about $1 million, and another address 0x535 has not adjusted its position yet, with a liquidation price around $348.

Furthermore, the whale of the "Largest ZEC Short on Hyperliquid" once again added to its ETH and MON short positions today, currently holding the largest short positions in ETH, ZEC, and MON simultaneously. Its main profit comes from the ETH short position, with a position size of approximately $92.45 million, an average price of $3,377, an unrealized gain of $14.33 million (232%), and a total short position size of about $118 million in the account.

This address previously opened a ZEC short position on October 10th at an opening price of around $184 and subsequently added to the position to average up the price; its position had an unrealized loss of $21 million on October 17th.