[The Largest ZEC Short Position on Hyperliquid Faces Unrealized Losses Exceeding $22.04 Million] BlockBeats reports that on November 17, according to on-chain analyst Ai Yi (@ai_9684xtpa), the largest short position address for ZEC on Hyperliquid has incurred unrealized losses exceeding $22.04 million. As ZEC once again breaks through $700, the address holding 60,870.43 ZEC short contracts is suffering significant losses. This figure even reflects the unrealized losses after reducing the position. The latest liquidation price is currently $1,112.45. The largest ZEC short position on Hyperliquid has been holding for over a month. Early yesterday morning, the account transferred an additional 5 million USDC to increase margin. The address began building its ZEC short position on October 11 and has been continuously adding to the position during price increases to average down costs.