ZEC Short Position on Hyperliquid Records $21.5M Unrealized Loss

A Zcash short position on Hyperliquid has accumulated an unrealized loss of $21.5 million, with an average entry price of $305.91 against ZEC's current price of $713, HyperInsight data show. The position holds a notional value of $37.5 million. The address opened the short on Oct. 11 and added to it during subsequent price rallies, with no closure recorded.