The Garrett Jin whale entity sold 𝟯𝟱,𝟬𝟬𝟬 𝗘𝗧𝗛 ($87.5M) at $2,500, deploying the entire proceeds as margin to defend a $30M underwater ZEC short on Hyperliquid. The move pushed the ZEC short's liquidation price from $2,631 up to $4,738, giving the position far more room before forced liquidation. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: This is a double-barreled signal — $𝟴𝟳.𝟱𝗠 𝗼𝗳 𝗘𝗧𝗛 𝘀𝗲𝗹𝗹 𝗽𝗿𝗲𝘀𝘀𝘂𝗿𝗲 hits spot while the whale simultaneously doubles down on ZEC with conviction. Raising liquidation to $4,738 removes near-term short-squeeze risk for ZEC, but the whale is now all-in: their entire ETH treasury is committed to a losing short. If ZEC keeps climbing, the margin war chest is already deployed and the next defense is liquidation. ETH absorbs $87.5M in spot selling — watch for follow-through below $2,500. For ZEC, the short-squeeze fuel is capped near-term but the whale's max-pain setup means a sustained push toward $4,738 could trigger the largest forced liquidation event on Hyperliquid's ZEC perp. https://hypurrscan.io/address/0x92ea19eceb7a8de0f50978a1583a5d8b018050e9#perps source: EmberCN Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2605