New Address Shorts 5,000 ZEC at $400 with 2x Leverage on HyperLiquid

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On-chain trading signals show a new address deposited $1.23 million in USDC on HyperLiquid on December 15, opening a 2x leveraged short of 5,000 ZEC at $400. The position faces liquidation at $615.37. The whale holds around $404,000 in on-chain assets and may add more funds to HyperLiquid for leverage trading.

As reported by Chainthink, on December 15, a newly created wallet address deposited $1.23 million in USDC into HyperLiquid and opened a 2x leveraged short position of 5,000 ZEC at an entry price of $400, with a liquidation price of $615.37. The whale currently holds approximately $404,000 in on-chain assets and is likely to transfer more funds to HyperLiquid.

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