[Hyperliquid ZEC Largest Short Position Adds Nearly 25 Million USDC to Avoid Liquidation]
The price of ZEC surged from $60 to $600 in just one and a half months, and it has now become one of the top five tokens by holdings on Hyperliquid and top ten by trading volume on Binance. The address starting with 0xd47 holds the largest short position of Hyperliquid ZEC. Yesterday, this address added $24.848 million USDC as margin to avoid liquidation. Currently, it holds 50,370.45 ZEC (approximately $30.77 million) with an opening price of $293.03, and is in a floating loss position.