Markets
Zcash fell 12% to $1,015. Hyperliquid lost 57% of its open Zcash bets in a day
ZEC dropped from about $1,160 to $1,015 in 24 hours. On Hyperliquid, open interest in the ZEC perpetual fell from $486.8 million to $211.3 million, CoinGecko data show, the steepest cut of any big venue.
Markets
Two Hyperliquid wallets are up $20.7 million on open bets. The crowd is down $2.19 million
DeepSea's weekly data names the biggest paper winners on Hyperliquid, a 40x bitcoin short opened on October 31, and an ether short now 3.3% from forced closing.
Markets
Hyperliquid's big traders bet $3.78 billion on a drop. One put $126 million on HYPE rising
DeepSea's tracked traders held six dollars of shorts for every dollar of longs last week. Against that tide, one wallet opened a $126.62 million HYPE long, and a 40x bitcoin bet sat 2.4% from liquidation.