Huo Xing Finance reports that, on September 6, according to Onchain Lens monitoring, a large whale transferred $10.2 million from a CEX to Hyperliquid two days ago and subsequently added another $4.5 million in USDC. The whale currently holds short positions with a total value of $106.6 million, resulting in an unrealized loss of $19.62 million. The unrealized losses include $14.19 million on ZEC shorts and $5.32 million on HYPE shorts. Over the past 20 days, this whale has accumulated total losses of $20.17 million.
Whale Incurs $19.6M Unrealized Loss on ZEC and HYPE Short Positions
MarsBitShare
Summary
Whale activity in ZEC and HYPE trading has drawn attention as a major short position incurs $19.62 million in unrealized losses. Two days ago, the whale deposited $10.2 million from a CEX to Hyperliquid and added $4.5 million in USDC. Current short positions total $106.6 million, with $14.19 million lost on ZEC and $5.32 million on HYPE. Over the past 20 days, the whale has incurred $20.17 million in losses. Traders are now monitoring key support and resistance levels for potential reversals.
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