The top ten ZEC contract positions on Hyperliquid reflect a predominantly bearish sentiment, with significant implications for market players. Among these positions, the leading whale is experiencing an unrealized loss totaling $8 million. This financial state underscores the challenges faced by traders in the current market environment. The bearish trend suggests that many investors are anticipating further declines, shaping their trading strategies accordingly. Overall, the situation highlights a notable downturn in trader confidence within the ZEC contracts on Hyperliquid.
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