According to COINOTAG News via Coinbob Popular Address Monitoring, the past five hours have seen the largest ZEC short on Hyperliquid accumulate about $1.2 million in its MON short, pushing the average entry to $0.0369. The unrealized loss has narrowed from roughly $1.3 million yesterday to about $30,000, while the current exposure sits near $6.57 million, underscoring its status as Hyperliquid’s leading MON short position.

Additionally, the ZEC short unrealized loss attached to this address has trimmed from $6.14 million to about $2.9 million (roughly 50% of the peak), with a position size near $30 million and an average price of $419. The maximum unrealized loss on record reached $21 million on the 17th.