BlockBeats News, December 29th, according to HyperInsight monitoring, as ZEC price has been steadily rising since the 27th (a total increase of about 22%), the Hyperliquid platform's open interest (OI) for ZEC has significantly increased, with both the largest long and short positions on-chain expanding their bets simultaneously. The "ZEC largest short" address has recently continued to add to its short positions, with holdings rising to $19.84 million, an average price of $417, currently with an unrealized loss of about $4.51 million (-113%). This address has been actively trading since opening a short position on ZEC in October, previously reducing its short from $16.5 million to $9.1 million on December 17th, and is now adding again. Currently, its total short position has increased from $113 million to $163 million, and is now
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BlockBeats News, December 29th, according to HyperInsight monitoring, as ZEC price has been steadily rising since the 27th (a total increase of about 22%), the Hyperliquid platform's open interest (OI) for ZEC has significantly increased, with both the largest long and short positions on-chain expanding their bets simultaneously. The "ZEC largest short" address has recently continued to add to its short positions, with holdings rising to $19.84 million, an average price of $417, currently with an unrealized loss of about $4.51 million (-113%). This address has been actively trading since opening a short position on ZEC in October, previously reducing its short from $16.5 million to $9.1 million on December 17th, and is now adding again. Currently, its total short position has increased from $113 million to $163 million, and is now