The largest short seller of ZEC on Hyperliquid has reduced its ZEC short positions again, using the funds to open a short position on MON.

The largest short seller of ZEC on Hyperliquid, after turning a profit yesterday, has been continuously reducing its ZEC short position. Compared to yesterday, its open interest has decreased from $16.5 million to $9.1 million, with an average price of $389. Subsequently, some of these funds were used to increase its short position on Monex, which currently holds approximately $9.2 million, with a floating profit of $4.62 million (150%), and an average price of $0.0308. This address previously opened a short position on ZEC on October 10th, with an opening price of...