Trader with largest short position in HL ZEC faces $15.976 million loss

The trader has a floating loss of 15,976,000 USD on a short position, adding 24,848,000 USDC as margin to prevent liquidation.

Their total portfolio is valued at 74,530,000 USD, with significant positions in ETH, HYPE, and SNX, while ZEC ranks among the top five tokens in Hyperliquid IPOs.