ZEC falls nearly 15% in a day: 27 of 32 large long traders on Hyperliquid are underwater, with the largest less than 9% from liquidation
ZEC fell below $1,000 this afternoon. As of 17:25 Hong Kong time, ZEC perpetuals on Hyperliquid were around $974, compared with around $1,144 24 hours earlier. This reflects market conditions and on-chain monitoring; it does not indicate a problem with the project or exchange.
According to on-chain data reported by BlockBeats, 27 of the 32 large long traders holding more than $1 million are now underwater, with combined unrealized losses of about $23.74 million and an average entry price of around $1,127. The largest long address, 0xc36a, holds around 13,500 tokens and is down about $3.27 million, with a liquidation price of around $894—less than 9% below the current price.
Who this affects: Anyone using leverage to go long on ZEC should work out for themselves how far their liquidation price is. Large positions have liquidation prices clustered around the $890s; further declines could trigger cascading position reductions, though it is too early to say whether that will happen. Large traders being underwater is not, by itself, a signal that the market has bottomed.
What to watch next: Whether these large traders actively reduce their positions, and whether funding rates and open interest change significantly.
How far is the liquidation price on your ZEC position from the current price?
This is not investment advice.
Sources: BlockBeats (2026-11-11 16:56 HKT); Hyperliquid public market data · 2026-11-11 around 17:30 HKT
#ZEC #Hyperliquid #夯B媒体 $ZEC
ZEC fell below $1,000 this afternoon. As of 17:25 Hong Kong time, ZEC perpetuals on Hyperliquid were around $974, compared with around $1,144 24 hours earlier. This reflects market conditions and on-chain monitoring; it does not indicate a problem with the project or exchange.
According to on-chain data reported by BlockBeats, 27 of the 32 large long traders holding more than $1 million are now underwater, with combined unrealized losses of about $23.74 million and an average entry price of around $1,127. The largest long address, 0xc36a, holds around 13,500 tokens and is down about $3.27 million, with a liquidation price of around $894—less than 9% below the current price.
Who this affects: Anyone using leverage to go long on ZEC should work out for themselves how far their liquidation price is. Large positions have liquidation prices clustered around the $890s; further declines could trigger cascading position reductions, though it is too early to say whether that will happen. Large traders being underwater is not, by itself, a signal that the market has bottomed.
What to watch next: Whether these large traders actively reduce their positions, and whether funding rates and open interest change significantly.
How far is the liquidation price on your ZEC position from the current price?
This is not investment advice.
Sources: BlockBeats (2026-11-11 16:56 HKT); Hyperliquid public market data · 2026-11-11 around 17:30 HKT
#ZEC #Hyperliquid #夯B媒体 $ZEC
