This guy shorted ZEC at $184 and even after losing up to 21 million, he can still claw his way back—now his ETH short is only slightly in the red, and he’s got more than 70 million in long exposure on the S&P. He’s really playing for big stakes.

CryptoWorld News: ETH short positions on the HyperLiquid platform increased by 141.93 ETH, approximately $281,845.60, with a total position value reaching $1,661,201.33. The average price was adjusted from $1,976.91 to $1,976.68. Currently, this short position has a profit and loss of -$182.56 (-0.16%), with the current ETH price at $1,976.90 and a liquidation price of $20,849.71. This address shorted ZEC at $184, previously experiencing a loss of $21 million, then turning profitable, and recently becoming the largest long position in the S&P 500, with a scale exceeding $70 million.