ZEC Trader on Hyperliquid Faces Liquidation with Only $6 Buffer, 24-Hour Loss Exceeds $3M

ZEC-36.4%
According to BlockBeats, on June 5, a ZEC long trader on Hyperliquid has executed multiple manual close-outs to gradually lower liquidation levels. The trader currently holds 5,080 ZEC (approximately $2.02 million) with a liquidation price of $383.8, compared to the current market price around $388. With only $6 separating the position from liquidation, this represents one of the closest million-dollar-level positions to the liquidation line on the platform. The remaining position carries an unrealized loss of approximately $700,000, equivalent to 2.5 times the margin. Combined with realized losses from previous rounds of position reductions over the past 24 hours, the trader's cumulative loss has reached $3 million.
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