Hyperliquid Whale: $20M Loss Shorting ZEC

Hyperliquid trader 0xdd53c5297309130ab5fe5623dc905752e3342b13 deposited another $4.5M USDC after $10.2M inflows from Crypto.com and Binance, pushing total losses to $20.17M on $106.6M shorts in just 20 days.

Largest hits include ZEC at -$14.19M and HYPE at -$5.32M, highlighting aggressive positioning against the market.

Technical confluence on the 4h chart shows ZEC at $1172.96 inside Bollinger Bands with upper resistance at $1189.59 and lower support at $881.04, while EMA50 sits at $943.1 and EMA200 at $738.12; with RSI(14) at 79.08 flashing overbought and MACD confirming bullish golden cross at 73.33, price action points to a probable retracement toward the 50-EMA before any continuation higher.