Hupzy (Spot On Chain)|9ๆ 19, 2026 03:20
A whale was forced to close a $๐ฎ๐ฐ.๐ฐ๐ ZEC short at $1,548 as ZEC surged to $1,584, realizing a $๐ญ๐ฌ.๐ฒ๐ด๐ ๐น๐ผ๐๐. The position's liquidation price sat at $1,551 โ manual close was the only option before forced liquidation would have cost more.
The wipeout is brutal: this trader had a 79% win rate and $9.11M in cumulative gains since June. One wrong-direction trade erased all of it, turning a $9M+ profit into a $1.57M net loss.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: Textbook short-squeeze dynamics โ ZEC's rally to fresh highs forced a major short holder to buy back, adding concentrated fuel to the upward move. The $24.4M close is significant buying pressure executed in a single forced action. Combined with Grayscale's ZEC ETF hitting $890M AUM and ZEC's new ATH, the setup stays bullish but volatile.
For ZEC perps on Hyperliquid, watch whether the $1,550โ$1,585 zone holds as support now that this overhang has cleared, or whether the squeeze has exhausted near-term momentum.
https://hypurrscan.io/address/0x362ad6209a5e904a5569f69884375809c5781d9f
source: EmberCN
Track real-time signals & trade โ https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2623
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