Largest ZEC Short on Hyperliquid Adds $1.72M Position as Floating Profit Narrows to $300K

The largest ZEC short position holder on Hyperliquid added approximately $1.72 million to their short position within one hour on December 5, HyperInsight data show. The address's total ZEC short position stands at around $14.1 million with an average price of $412, while floating profit contracted from over $3.3 million yesterday to $300,000 amid ZEC's continued price increase. The address initially opened the ZEC short on October 10 at approximately $184, subsequently adding to the position with an average price reaching $419, and faced a maximum floating loss of $21 million on October 17. The address currently holds short positions across ETH, ZEC, MON, and HYPE, with its ETH short generating the primary profit of $6.22 million (194% return) on a position size of approximately $48.05 million at an average price of $4,014, though this profit has narrowed by about $3 million recently.