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The top ten positions for ZEC contracts on Hyperliquid are mostly bearish, with the leading whale incurring unrealized losses of 8 million dollars.
According to BlockBeats news on November 4, monitoring by HyperInsight shows that among the top ten Whales holding ZEC contracts on Hyperliquid, eight with short orders are experiencing unrealized losses, with losses ranging from approximately 15% to 300%. Among them, the leading Whale (0xd47) has a short position of $21 million, with an average price of $279, resulting in an unrealized loss of about $8 million (200%). Additionally, monitoring indicates that this address opened a ZEC short order before the flash crash on October 11, at one point achieving unrealized gains of over 100%, but has now turned to a loss. Furthermore, the largest long positions Whale for ZEC contracts (0x549) has a holding size of $13.6 million, with an average price of $352, resulting in unrealized gains of about $3 million (110%).