Hyperliquid has experienced its largest short squeeze on ZEC, leading to a significant unrealized loss of $18.45 million. This event highlights the volatility and risks associated with trading ZEC. The short squeeze has drawn attention to the dynamics of the market, particularly in how sudden price movements can impact traders. As the situation unfolds, market participants are closely monitoring the implications for future trading strategies. The scale of the loss underscores the potential for substantial financial consequences in the cryptocurrency market.
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