Hyperliquid Trader With 26-Game Winning Streak Faces $5.3 Million ZEC Short Loss

  • A Hyperliquid trader with 26 consecutive wins faces a $5.3 million ZEC short loss.
  • The trader shorts 15,785 ZEC, with liquidation at a price of $1,317.
  • The address previously deposited 4.5 million USDC into Hyperliquid.

A Hyperliquid trader who had won 26 consecutive bets is now about $5.3 million underwater on a short position of 15,785 Zcash tokens, with liquidation looming if ZEC reaches $1,317. The trader also holds a short position in 30,000 tokenized Strate... tokens. The address previously deposited 4.5 million USDC into Hyperliquid after transferring $10.2 million from Crypto.com and Binance. Over 20 days, it accumulated about $20.17 million in short-position losses and held roughly $106.6 million in shorts, with unrealized losses of about $19.62 million. ZEC and HYPE accounted for approximately $14.19 million and $5.32 million of those losses, respectively, based on monitoring by Onchain Lens.

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