← All stories
Markets 1 sources

Zcash Price Rally Wipes Out $25.7 Million on a Single Short Bet

Covered by 1 source · 1 article

A staggering Zcash price rally has left one of Hyperliquid’s biggest short bets with a $25.7 million unrealized loss, exposing just how brutal crypto derivatives markets can be when a token nobody was watching suddenly takes off. Zcash’s ZE…

Covered by

All coverage

Zcash Price Rally Wipes Out $25.7 Million on a Single Short Bet
Cryptonomist 3h ago

Zcash Price Rally Wipes Out $25.7 Million on a Single Short Bet

A staggering Zcash price rally has left one of Hyperliquid’s biggest short bets with a $25.7 million unrealized loss, exposing just how brutal crypto derivatives markets can be when a token nobody was watching suddenly takes off. Zcash’s ZE…