Markets· ★★★· neutral·

Hyperliquid ZEC liquidation zone of $20.4M forms at $1,550

  • —ZEC liquidation zone on Hyperliquid at $1,550 estimated at $20.4 million
  • —Address 0x362a cut its short seven times, realizing a $2.16 million loss
  • —Total losses on the position are about $9.76 million
  • —Liquidation price rose from $1,508.9 to $1,550.64, leaving 4.4% to go
Why it matters: A cluster of shorts at $1,550 could trigger a short squeeze and a sharp spike in ZEC volatility if the level breaks.
#ZEC
Source: TokenPost
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