HYPE: this ZEC short position has been held until now as well—only the real tough ones can do that. The average price has been pushed up to 52.88, yet the floating loss is still 73% and the trader is still holding on. The liquidation price at 118.84 looks far away, but it’s actually quite dangerous.

ZEC-3.81%
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CoinNetwork
CryptoWorld News reports that the HYPE short position has increased by 45,691.73 ZEC, approximately $2,032,252.81.
The current position size is $23,993,578.09, with an average price adjusted from $51.54 to $52.88.
The current profit and loss is -$3,522,701.48 (-73.41%), with the current coin price at $61.98 and the liquidation price at $118.84.
This address shorted ZEC starting at $184, once experiencing a floating 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.
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