Garrett Bullish Incurs $30.75 Million Unrealized Loss on ZEC Short, Sells ETH to Post Additional Margin
As monitored by on-chain analyst Ai Yi (@ai_9684xtpa), Garrett Bullish, Hyperliquid's largest ZEC short position holder (who previously suffered a $230 million liquidation on the 1011 whale account), has sold 35,000 ETH spot (~$87.5 million) and subsequently added margin, raising the ZEC liquidation price to $4,737.7. Their $55.89 million ZEC short currently shows an unrealized loss of $30.75 million, with an average entry price as low as $665.84.
