Markets· ★★· bullish·

Hyperliquid trader closes $3.4M ZEC short at $187K loss after six days

  • —$3.4M ZEC short closed after six days with a $187K loss
  • —Entry at $1,179.50, exit at $1,244.50 — a 5.5% move against the short
  • —Trader's cumulative loss on Hyperliquid stands at $1.82 million
  • —A large wallet previously lost about $14.19 million shorting ZEC
Why it matters: A string of losing ZEC shorts shows the rally is forcing bears to cover, adding fuel to the move.
Source: TokenPost