The "liquidated $97 million whale" ZEC short position was liquidated 7 more times in a row, with the account balance wiped out and the whale exiting the market.
ChainCatcher News, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), monitoring shows that this morning, after ZEC returned above $680, the BTC whale (0x7b7), who had previously been precisely liquidated for $97 million, saw their ZEC short position liquidated seven times in a short period, resulting in a total wipeout of their account funds. Yesterday, their ZEC short position was about $19 million, with unrealized profits peaking at $2.4 million. After partially closing shorts to stop losses and slightly rolling over positions, the average price was once lowered to $655.
This address is known as a prominent player on Roobet and Stake.com. Since transferring $7 million into Hyperliquid on November 6, they have mostly suffered large losses with occasional small gains, often opening full-leverage positions with extremely tight liquidation ranges. On November 17, their BTC short was targeted and a single liquidation reached nearly $97 million, briefly making them the largest BTC short on Hyperliquid.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barclays raises S&P 500 year-end 2026 target to 7,400 points
A whale holding $2 million in assets purchased nearly 1 million EDEL today
