ZEC's large short positions continue to cut losses, and there is a risk of large-scale liquidation at $1550

ZEC's large short address 0x362a has had 7 consecutive stop losses, totaling $5.196 million, with an average buyback price of $1484.4, resulting in a loss of $2.161 million. Before the reduction, the address held 15784.87 ZEC empty positions with a size of 23.519 million US dollars. After reducing the position by 22.2%, the average position price was $866.9, the remaining position value was $18.241 million, the floating loss was $7.593 million, and the total loss was $9.755 million. The estimated liquidation price before the reduction was $1508.9, and after the reduction, it moved up to $1550.64, an increase of $41.8. The address has a stop loss at $1550, which is the most prominent clearing wall on Hyperliquid, gathering $20.4 million. The remaining clearing walls within the current price range of $500 are all within $5 million.