ZEC short position
The largest short position in ZEC on Hyperliquid is currently experiencing an unrealized loss totaling $13.77 million. This substantial loss has been compounded by the funding fee, which alone has resulted in a loss exceeding $500,000. The situation reflects the volatility and risk associated with short selling in cryptocurrency markets. Traders often face significant challenges when prices fluctuate, leading to such steep losses. The Hyperliquid platform continues to be a focal point for traders engaging in ZEC positions, amidst these developments.
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