According to Ai Yi monitoring, ZEC has risen to become the 10th largest cryptocurrency by market capitalization. On Hyperliquid, the largest short position on ZEC is currently underwater by approximately $23.57 million. The position holder is Garrett Bullish (the “1011 Whale” who previously suffered a $230 million liquidation), who currently holds a 2x short position of 32,759.57 ZEC, valued at approximately $38.18 million, with an entry price of $444 and a liquidation price of $2,566. Additionally, he holds a long position of 1,331.88 BTC, currently generating an unrealized profit of approximately $3.6 million.
Hyperliquid ZEC Largest Short Position Incurs $23.57M Floating Loss
TechFlowShare
Summary
ZEC price rose to become the 10th-largest cryptocurrency by market cap, according to TechFlow. The largest short position on Hyperliquid is now facing a $23.57 million floating loss. Garrett Bullish holds 32,759.57 ZEC in a 2x short at an entry price of $444, with a liquidation price at $2,566. BTC dominance remains strong, as Garrett also holds 1,331.88 BTC, showing a $3.6 million floating profit. Current BTC price trends support long positions.
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