An address shorted ZEC on Hyperliquid and suffered a paper loss of $13.77 million.

According to Odaily Planet Daily, on-chain analyst Ai Yi's monitoring shows that address (0xd47...A91) has been shorting ZEC on Hyperliquid with 10x leverage since the end of October, currently showing a floating loss of $13.77 million, having already paid $536,000 in funding fees. Its opening price was $360, during which time the price of ZEC rose to a high of $750.