🚨 Huge loss in short position on ZEC!
HyperInsight data shows that the largest short position on the Hyperliquid platform for ZEC is incurring estimated losses of $21.5 million so far! 💥
🔹 The position was opened at a price of $305.91, while ZEC is currently trading at around $713.
🔹 The total value of the position now stands at $37.5 million, as the investor continues to increase the short position size to try to raise the average cost.
🔹 This position started on October 11, with no signs of closure despite the sharp price increase.
📊 This situation highlights the risks of high-leverage short positions in markets saturated with volatility like the cryptocurrency market.
SOLV was pumped back to $0.05 from ~$0.017 within a short timeframe of two to four weeks, with the top 20 global Bitcoin holders holding 24000 Bitcoin transparently on-chain. JIUZI Holding is investing $1 billion from now
#FOMCWatch #ADPJobsSurge #PrivacyCoinSurge #SolanaETFInflows #Write2Earn $SOL