Lookonchain
A trader known as @XXAntiWar, who generated over $27 million in profit on $TRUMP within a two-day window, has pivoted to a bearish position on Zcash. She deposited 2.19 million USDC into Hyperliquid and opened a 3x leveraged short on 5,200 ZEC, giving the position a notional value of approximately $6.49 million. Her liquidation price sits at $1,613.47.
Why it matters
When a trader with a verified nine-figure-equivalent track record makes a directional bet of this size, the market tends to pay attention. The move signals that at least one well-capitalised smart-money participant sees near-term downside in ZEC, whether driven by technicals, on-chain flows, or broader altcoin sentiment. Hyperliquid's transparent on-chain perp infrastructure makes the position fully visible and trackable in real time, which amplifies the signal: there is no ambiguity about size, leverage, or liquidation level.
Market impact
A 3x short with a $1,613.47 liquidation price implies the position survives a significant rally before being forced closed, giving the trader meaningful room to hold through volatility. Watchers should monitor ZEC spot and perp open interest for any cascading short pressure or, conversely, a squeeze attempt targeting that liquidation level. The position on HypurrScan remains publicly auditable at the address linked to @XXAntiWar.
Source: [HypurrScan Beta](https://hypurrscan.io/address/0xfe572cd2665a456eec85d482c6db102bf8d5d850#perps)
Frequently asked questions
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How large is @XXAntiWar's ZEC short position on Hyperliquid?
She deposited 2.19 million USDC as margin and opened a 3x leveraged short on 5,200 ZEC, giving the position a notional value of approximately $6.49 million.
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What is the liquidation price for the ZEC short trade?
The liquidation price for @XXAntiWar's 3x ZEC short is $1,613.47, meaning the position is force-closed only if ZEC rallies to that level.
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Why does this trader's ZEC short attract so much attention?
The same trader made over $27 million in profit on $TRUMP within two days, establishing a verified track record that gives her directional bets outsized market influence.
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Where can traders track this ZEC short position in real time?
The position is fully on-chain and publicly auditable on HypurrScan, Hyperliquid's transparent perp tracking tool, at the wallet address linked to @XXAntiWar.
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What should ZEC traders watch for following this short position being opened?
Key signals to monitor include changes in ZEC perpetual open interest, any increase in spot selling pressure, and whether other large accounts open similar shorts or attempt a squeeze targeting the $1,613.47 liquidation level.
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