Top ZEC long on Hyperliquid grows to 16,780 coins after $7.2M add
- —Added 6,126.64 ZEC worth ~$7.2M via TWAP at an average of $1,176
- —Position value ~$19.48M; blended entry across holdings is $1,179.65
- —Unrealized loss ~$308K; liquidation price sits at $838.19
- —Three longs total ~$29.63M, with ZEC accounting for 65.8%
Why it matters: A large leveraged long with a nearby liquidation level raises the risk of cascading ZEC selling if the price drops below $900.
Source: TokenPost