Smart money (0xc671…411d) opened a short position on Hyperliquid for $ZEC , worth $993,000, at a price of 992.9173.
Interpretation: A newly opened short position indicates that these funds are betting on a decline, but a single address’s position does not represent the broader market’s direction. When short positions become too crowded, they can also trigger a short squeeze.
Interpretation: A newly opened short position indicates that these funds are betting on a decline, but a single address’s position does not represent the broader market’s direction. When short positions become too crowded, they can also trigger a short squeeze.
