「Top ZEC Short on Hyperliquid」 once again reduced their ZEC short position and used the funds to open a MON short position.

By: theblockbeats.news|2025/12/17 14:46:07
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BlockBeats News, December 17th, according to HyperInsight monitoring, the ZEC short position of the "Largest ZEC Short on Hyperliquid" has been continuously reducing its position since yesterday's turnaround from a loss to a profit. Compared to yesterday, its position size has decreased from $16.5 million to $9.1 million, with an average price of $389. Subsequently, part of these funds was used to increase the MON short position. Currently, the MON position size is approximately $9.2 million, with an unrealized profit of $4.62 million (150%), and an average price of $0.0308.

This address previously opened a ZEC short position on October 10th at an opening price of around $184 and subsequently added to the position to average up, raising the average price. At its lowest point on October 17th, the position was at a loss of $21 million, with a ZEC position size peaking at $43.2 million.

As of now, it is still in the process of closing ZEC and STRK short positions. The account's main profits currently come from an ETH short position, with a position size of approximately $92.95 million, an average price of $3377, and an unrealized profit of $13.86 million (224%). This address is currently the largest short on Hyperliquid for ETH, ZEC, and MON, with a total short position size of approximately $113 million.

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