HyperliquidX Trader: Loses $187K Shorting ZEC

@OnchainLens reported a @HyperliquidX trader closed a $3.4M ZEC short at a $187.01K loss after holding six days, entering at $1,179.50 and exiting at $1,244.50 for lifetime PnL of -$1.82M.

Price action on the 4h chart shows ZEC maintaining a bullish structure above the EMA50 at $1185.22 and EMA200 at $1239.76, with the MACD confirming momentum through its golden cross at 20.37. Currently testing the upper Bollinger Band resistance near $1269.58 while RSI sits neutral at 65.46, the move suggests limited room before a healthy retracement to the 50-EMA support at $1185.22 ahead of further continuation.