A new address opened a 2x short position with 5,000 ZEC at an entry price of $400 and a liquidation price of $615.37.

According to Jinse Finance, OnchainLens monitoring shows that a newly created wallet address deposited $1.23 million USDC into HyperLiquid and opened a short position on ZEC with 2x leverage. The short position size is 5,000 ZEC, with an entry price of $400 and a liquidation price of $615.37. This whale currently still holds approximately $404,000 in assets on-chain and is likely to continue transferring funds into HyperLiquid.