ZEC Largest Short Position on Hyperliquid Reaches $18.2M With $560K Unrealized Loss
ZEC/USDT
$514,880,630.80
$248.37 / $232.67
Change: $15.70 (6.75%)
+0.0056%
Longs pay
According to HyperInsight, the largest ZEC short position on Hyperliquid in the short-term window surpassed $3.6 million over the past two hours. Since the 12th, the exposure has trimmed by about $6.08 million, leaving a current notional near $18.2 million. The position carries an unrealized loss of roughly $560,000 (~15%), with an average entry price around $389.
Beyond ZEC, the dataset shows this account holds the largest short position across ETH, ZEC, and MON on Hyperliquid, with the ETH short position contributing the bulk of the potential gains. The ETH short notional is about $87.3 million, averaged at $3,436, and a floating profit near $8.15 million (roughly 140%). The account’s total short exposure runs at about $118 million.
Historically, the address opened a ZEC short on Oct 10 at roughly $184 and increased the size, lifting the average price; by Oct 17, unrealized losses on that leg approached $21 million.